MI > Jackson
Jackson, MI 49201,223 W Washington Avenue
Jackson, MI 49201,223 W Washington Avenue
Jackson, MI 49201,223 W Washington Avenue
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$495,000
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8,712 Sqft Lot
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223 W Washington Avenue Jackson, MI 49201

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Alicia Banks

Alicia Banks

+1(517) 886-3500

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Jackson City

MLS Listing ID 25028606

Year Built 1950

Annual Tax Amount $6,177

Tax Year 2024

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66x132

Property Sub-Type 5+ Units

Property Description

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.

Location

State MI

County Jackson

Area Jackson County - Jx

Direction W Washington between S Blackstone St and S Jackson St.

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features Broadband

Heating Hot Water

Fireplaces Number 1

Laundry Common Area, In Basement

Exterior

Parking Features Asphalt, Driveway, Paved

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer

View Y/N No

Roof Type Other

Street Surface Paved

Total Parking Spaces 6

Building

Lot Description Level, Sidewalk, Corner Lot

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

Elementary Schools Big Jackson Public School

Middle Schools East Jackson Elementary School

High Schools East Jackson Secondary School

School District Jackson

Others

Tax ID 4-019300000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by NCDG REALTY & PROPERTY MANAGE

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agent

Alicia Banks

Broker Associate | License ID: 6506047106

+1(517) 886-3500

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223 W Washington Avenue