Great income/investment opportunity in Summit Township. Two duplex buildings, built in 1995. South building (410) units are both 1 bedroom, spacious 2nd floor bedroom, large bath with skylight, jetted tub & separate shower, large walk-in closet, 1.5 baths, main floor laundry - very attractive setup make for easy renting! North building (406) units are both 2 bedroom, 1.5 baths, good closet/storage space, main floor laundry. New roof on both buildings in Oct. 2020. Owner built this property to be maintenance free & attractive apartments for tenants, and it has been a great investment, and will continue to be one! Owner has never had an issue renting the apartments, rents are relatively low & could be increased. Storage shed space for each unit & paved driveway for each unit. Income growth opportunity with the inclusion of 6 additional vacant lots which could allow for extra units to be built for more income, if desired!
Off market
$404,300
406-410 18th St, Jackson, MI 49203
5beds
4,104sqft
MultiFamily
Built in 1995
-- sqft lot
$404,300 Zestimate®
$99/sqft
$1,368 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Microwave, Refrigerator
Features
- Flooring: Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 4,104 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 1.36 Acres
Details
- Parcel number: 090130411312500
- Zoning: Residential, Multi-Family
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1995
Community & neighborhood
Location
- Region: Jackson
Other
Other facts
- ZONING: Residential, Multi-Family
- MISC. EXTERIOR: Deck, Shed
- FUEL TYPE: Separate Meters Electric, Natural Gas, Separate Meters Gas
- Management Paid By: Owner
- EA UNIT MISC. 4: Eat-In Space/Kitchen, Ceiling Fan, Smoke Alarm, Range/Oven, Refrigerator, Window Treatments, W/D Hookup, Dishwasher
- DESIGN: Side By Side, 2 Story
- EA UNIT MISC. 1: Microwave, Skylight, Eat-In Space/Kitchen, Smoke Alarm, Window Treatments, Range/Oven, Refrigerator, Ceiling Fan, W/D Hookup
- Gas Paid By: Tenant
- LAND DESCRIPTION: Wooded Lot, Corner Lot
- Sale/Rent: For Sale
- WATER/SEWER: Community/Public Water, Community/Public Sewer
- Maint Paid By: Owner
- Insurance Paid By: Owner
- Taxes Paid By: Owner
- Trash Removal Paid By: Owner
- Type: 1 to 4 Units
- EXTERIOR: Vinyl, Field Stone
- HEAT/COOL: Gas Water Heater, Forced Air, Central AC
- ROAD TYPE: Paved, Paved Driveway
- Unit 2 Occupied: Yes
- POSSESSION: Tenant Rights
- Water/Sewer Paid By: Owner
- Source of SqFt: Assessors Data
- Unit 3 Occupied: Yes
- Unit 4 Occupied: Yes
- EA UNIT MISC. 2: Eat-In Space/Kitchen, Smoke Alarm, Window Treatments, Range/Oven, Refrigerator, Ceiling Fan, W/D Hookup, Skylight, Microwave
- EA UNIT MISC. 3: Eat-In Space/Kitchen, Smoke Alarm, Window Treatments, Range/Oven, Refrigerator, Ceiling Fan, W/D Hookup
- FLOORING: Vinyl/Laminate
- NEW/OWNED: Pre-Owned
- TRANSMIT TO INTERNET: Yes
- Originating MLS: Jackson
- Frontage LF/RF: RF
- Mineral Rights Included: Unknown
- Legal Or N/C Use: Legal
- Electric Paid By: Tenant
- Township: Summit
- Verified Listing: Confirmed
- Tax ID: 090-13-04-113-125-00
- Legal Description: Lots 176,179,180,181,182,183,184,185, 201 & 202