106 S. Brown, Jackson, MI
Multi-family for Sale - $649,900 - 20,000 Sq. Ft. on 0.65 acres
Property Info
| CIMLS# | 911415 |
| Location 106 S. Brown Jackson MI 49202 | |
| Updated | March 31st, 2017 |
| Type | Multi-family |
| Price | $649,900 |
| Building | 20,000 Sq. Ft. |
| Land | 0.65 acres |
Property Description
This property is a great opportunity to grow cash-flow and build wealth. Hasn't been offered for sale in decades, this is a once in a lifetime opportunity to buy this iconic apartment building in Summit Township. Twenty Six one bedroom apartments currently at 100% occupancy, these apartments rent extremely quickly! Building is a perfect location, just outside of the city limits yet still offers convenient location for shopping, commute and walking distance to Cascades Park. Covered carports offered to tenants along with frontage on two roads for easy access.
Financials
Net Income: $33,735