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Melissa George

mgeorge@realtorsinmichigan.com +1(231) 750-1657

$130,000

Est. payment - /mo

2,880 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $45

Subdivision Stewards Amended Add

MLS Listing ID 55026057826

Year Built 1940

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type MultiFamily

Property Description

INCOME-PRODUCING DUPLEX-ESTIMATED 14% CAP RATE IN THE HEART OF JACKSON. Rarely does an investment duplex combine this level of cash flow potential with such a central location. This townhome-style duplex carries an estimated 14% cap rate -- an above-average return that stands out in any portfolio and signals a genuinely strong income opportunity for investors seeking yield in a stable rental market. Each unit delivers a practical, rentable layout: a main-level living room, dining room, and kitchen with appliance package, plus three bedrooms and a full bath on the upper level. That's six total bedrooms under one roof, with two separate gas and two separate electric services -- an investor-friendly setup that simplifies tenant billing and keeps operating costs where they belong: with the occupants. The property is City of Jackson Certified, giving both buyer and tenants confidence in its compliance with local rental standards -- a meaningful advantage in a market where certified, turnkey-ready rentals are in demand. Location does the heavy lifting for tenant attraction and retention. Situated minutes from downtown Jackson's central business district, residents enjoy walkable access to dining, services, and employers. Commuters appreciate the proximity to I-94 and US-127, putting Ann Arbor roughly 35 minutes east and Lansing about 40 minutes north, with Detroit and Metro Airport within easy reach. Rail commuters can catch Amtrak at the historic Jackson Station just east of downtown ??? a genuine differentiator for tenants who work outside the city. For the investor, the math is the headline: an estimated 14% cap rate, separately metered utilities, a proven two-unit layout, and a location that keeps occupancy strong. For the buyer who wants cash flow from day one, this duplex deserves a close look. Property at a Glance: ??? Townhome-style duplex ??? two units ??? Each unit: 3 bedrooms, 1 full bath (upper level) ??? Each unit: living room, dining room, kitchen with appliance package (main level) ??? Separate gas

Location

State MI

County Jackson

Area Area12132Jackson

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry CommonArea, InBasement

Exterior

Parking Features Aggregate

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected

View Y/N No

Roof Type Composition, Other

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Jackson

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA, Trade1031Exchange, VaLoan

Listing Terms Cash, Conventional, FHA, MSHDA, Trade1031Exchange, VaLoan

Special Listing Condition Standard

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Listed by Doug Beiswanger of Coldwell Banker Beiswanger Realty Group

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Melissa George

+1(231) 750-1657

Agent License ID: 6501426917

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311 W Trail ST Jackson City, MI 49201

Melissa George

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

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311 W Trail ST