Back to Featured Listings
$55,000 For Sale

714 Lansing Ave
Jackson, MI 49202

7 units | Multi Family Home
7841 sq ft - MLS# 201804544
Property Photo
1/8

Description

Remarkable Value! 7 Unit Property with 5 efficiencies and 2- 1 or 2 bedroom apartments. 4 apartments are main floor with 3 upstairs. Most units have a stove and refrigerator which are presumed functional but not guaranteed. Boiler heat and water heaters in the basement. Property is currently being cleaned and painted. Updates include new roof in 2008/2010, electric in 2017, Windows in 2018. Low taxes and utilities make this a money-making investment. Close to bus lines, shopping and city and schools. More expense details available for the qualified, interested investor. Property is priced to sell as-is. Any updates required to advance toward City Certification will be the cost of the buyer and/or be reflected in an increased purchase price. Quotes are being received to establish what those costs potentially will be.

Features

  • County/Area: Jackson County
  • Ea Unit Misc. 1: Smoke Alarm, Range/Oven, Refrigerator
  • Ea Unit Misc. 2: Range/Oven, Refrigerator
  • Ea Unit Misc. 3: Smoke Alarm, Range/Oven, Refrigerator
  • Ea Unit Misc. 4: Smoke Alarm, Range/Oven, Refrigerator
  • Electric Exp: 8400
  • Electric Paid By: Owner
  • Flooring: Carpeting, Vinyl/Laminate, Wood
  • Foundation: Full Basement
  • Fuel Paid By: Owner
  • Fuel Type: Natural Gas
  • Gas Paid By: Owner
  • Gross Rent: 46200
  • Heat/Cool: Hot Water Heater, Gas Water Heater
  • Insurance Exp: 1500
  • Insurance Paid By: Owner
  • Land Description: Sidewalk
  • Listing Status: Active
  • Lot Front: 72
  • Lot Size: 72x109
  • Maint Paid By: Owner
  • Management Paid By: Owner
  • Misc. Exterior: Personal Property
  • Net Income: 32562
  • New-Occupied: Pre-Owned
  • Property Type: Multi Family Home
  • Road Type: Paved, Paved Driveway
  • School District: Jackson
  • Source Of Sqft: Assessors Data
  • Sq.Ft.: 3077
  • Stories: 2 Story
  • Style: 2 Story, Upper/Lower, Side By Side
  • Sub Type: 5 Or More Units
  • Taxes Paid By: Owner
  • Total Expense: 13638
  • Total Income: 46200
  • Township: City Of Jackson
  • Trash Rem Exp: 700
  • Trash Removal Paid By: Owner
  • Unit 1 # Bdrms: 1
  • Unit 1 # Full Baths: 1
  • Unit 1 # Of Parking: 1
  • Unit 1 # Rooms: 2
  • Unit 1 Curr. Mo. Rent: $550
  • Unit 1 Sq Ft: 216
  • Unit 2 # Bedrooms: 1
  • Unit 2 # Full Baths: 1
  • Unit 2 # Of Parking: 1
  • Unit 2 # Rooms: 2
  • Unit 2 Curr. Mo. Rent: $550
  • Unit 2 Sq Ft: 240
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Full Baths: 1
  • Unit 3 # Of Parking: 1
  • Unit 3 # Rooms: 2
  • Unit 3 Curr. Mo. Rent: $550
  • Unit 3 Sq Ft: 216
  • Unit 4 # Bedrooms: 1
  • Unit 4 # Full Baths: 1
  • Unit 4 # Of Parking: 1
  • Unit 4 # Rooms: 4
  • Unit 4 Curr. Mo. Rent: $550
  • Unit 4 Sq Ft: 690
  • Unit 5 # Bedrooms: 1
  • Unit 5 # Full Baths: 1
  • Unit 5 # Of Parking: 1
  • Unit 5 # Rooms: 3
  • Unit 5 Curr. Mo. Rent: $550
  • Unit 5 Sq Ft: 506
  • Unit 6 # Bedrooms: 2
  • Unit 6 # Full Baths: 1
  • Unit 6 # Of Parking: 1
  • Unit 6 # Rooms: 4
  • Unit 6 Curr. Mo. Rent: $550
  • Unit 6 Sq Ft: 304
  • Unit 7 # Bedrooms: 1
  • Unit 7 # Full Baths: 1
  • Unit 7 # Of Parking: 1
  • Unit 7 # Rooms: 2
  • Unit 7 Curr. Mo. Rent: $550
  • Unit 7 Sq Ft: 320
  • Units: 7
  • Water/Sewer: Community/Public Water, Community/Public Sewer
  • Water/Sewer Paid By: Owner
  • Wtr/Sew Exp: 1800
  • Year Built: 1940
  • Zip Code: 49202
  • Zoning: Commercial

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Quick Search


view all


Any

Any

No Min.

No Max.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Contact Me







* fields are required
Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu