Active contingent
  • Price cut: $10K (7/2)
    $485,000

    223 W Washington Ave, Jackson, MI 49201

    6beds
    6baths
    --sqft
    : 
    5+ Units
    Built in 1950
    -- sqft lot
    $457,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Updated living spaceBasement storageCoin-operated laundry
    Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.
    58 days
    on Zillow
    |
    253
    |
    14
    |
    • Loading