$89,000
For Sale

521 Steward Avenue

Jackson, MI 49201
Browse 17 photos
Type:Multi-Family
Structure:Unit
Zone:Residential

Description

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.

  • Property Details
      • Lot DescriptionSidewalk
    • Measurements
      • Acres0.15
  • Construction Details
      • BasementCrawl Space, Full
      • Property TypeMulti-Family
    • Condition
      • Year Built1935
  • Utilities / Energy Details
      • Utility FeaturesNatural Gas Available, Natural Gas Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • SubdivisionSteward's Add
    • Location
      • School DistrictJackson
      • CountyJackson
  • Financial Details
      • Original List Price$129,900
      • Days on Market (Cumulative)316
  • Other
      • MLS #23141225

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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