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Sold
  • $40,000

    521 Steward Ave, Jackson, MI 49201

    11beds
    3baths
    --sqft
    5+ Units
    Built in 1935
    -- sqft lot
    $123,600 Zestimate®
    $--/sqft
    $974 Estimated rent

    What's special

    PRIME OPPORTUNITY FOR INVESTORS & HOME BUYERS! Brand new furnace 2024. This dynamic rental concept offers a rooming house comprised of 11 rent-ready rooms & 3 bathrooms. Property backs up to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. Create cash flow & build your rental portfolio. Great parking. The seller has good success w/ this concept. Tenants pay weekly. The owner manages the property & covers utilities. Vinyl siding & interior updates. This could be a great setup for a home owner to create income by renting out rooms to over your mortgage. Other possibilities could include in-law/multi-generational housing, at-home caregiver, multi-unit & more! Showings Monday - Friday 9:00-3:30.

    Zillow last checked: 7 hours ago

    Listing updated: January 24, 2025 at 10:43am

    Listed by:

    Stephanie Bosanac-Mortimer 517-812-3173,

    RE/MAX MID-MICHIGAN R.E.

    Bought with:

    Stephanie Bosanac-Mortimer, 6501336455

    RE/MAX MID-MICHIGAN R.E.

    Source: MichRIC,MLS#: 23141225MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 3
    Heating
    • Forced Air
    Features
    • Basement: Crawl Space,Full
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 11
    Accessibility
    • Accessibility features: Accessible Bath Sink, Accessible Mn Flr Be, Accessible Mn Flr Fu
    Lot
    • Size: 6,534 sqft
    • Dimensions: 42 x 155
    • Features: Sidewalk
    Details
    • Parcel number: 2093600000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Natural Gas Available, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Jackson
    • Subdivision: Steward's Add

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
    Services availability