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504 Third St
Jackson, MI 49203
MLS #201800058

Multi Family
  • 13units
Pending Sale $324,900
Est. P&I payment: $1240.9/mo
504 Third St, Jackson, MI 49203
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Description for 504 Third St, Jackson, MI 49203
CITY CERTIFIED. HISTORIC MONEY MAKING APARTMENT BUILDING located near BOOMING downtown Jackson, MI. 13 large refurbished 2 bedroom apartments featuring beautiful refinished hardwood floors in most units. Tenants all on one year leases and each pay individual and separately metered gas and electric. These units rent quickly and the building also offers underground garage spaces for tenants (and extra income) plus a coin operated laundry room. Highly efficient boiler heating system is state certified and well maintained. This is a great cash flowing investment, be part of the renaissance AND make money, call today.
MLS #201800058
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My Notes for MLS #201800058

General Features

  • Type: 5 Or More Units
  • Est Year Built: 1929
  • Total Above Grade SqFt: 11,334
  • Estimated Acreage: 0.18
  • Total Number of Units: 13
  • Zoning: Multi-Family

Exterior Features

  • Frontage: RF
  • Lot Size: 123x66
  • Lot Front: 66
  • Exterior: Brick
  • Misc Exterior: Balcony,​Enclosed Porch

Interior Features

  • Unit 1 Sq Ft: 900
  • Unit 1 Number of Rooms: 5
  • Unit 1 Number of Bdrms: 2
  • Unit 1 Number of Full Baths: 1
  • Unit 2 Sq Ft: 900
  • Unit 2 Number of Rooms: 5
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Full Baths: 1
  • Unit 3 Sq Ft: 900
  • Unit 3 Number of Rooms: 5
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Number of Full Baths: 1
  • Unit 4 Sq Ft: 900
  • Unit 4 Number of Rooms: 5
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Number of Full Baths: 1
  • Unit 5 Sq Ft: 900
  • Unit 5 Number of Rooms: 5
  • Unit 5 Number of Bedrooms: 2
  • Unit 5 Number of Full Baths: 1
  • Unit 6 Number of Rooms: 5
  • Unit 6 Number of Bedrooms: 2
  • Unit 6 Number of Full Baths: 1
  • Unit 6 Sq Ft: 900
  • Unit 7 Number of Rooms: 5
  • Unit 7 Number of Bedrooms: 2
  • Unit 7 Number of Full Baths: 1
  • Unit 7 Sq Ft: 900
  • Unit 8 Number of Rooms: 5
  • Unit 8 Number of Bedrooms: 2
  • Unit 8 Number of Full Baths: 1
  • Unit 8 Sq Ft: 900
  • Flooring: Carpeting,​Ceramic,​Vinyl/Laminate,​Wood,​Tile

Utility Features

  • Water Selection: No Water Selection
  • Electric Paid By: Owner
  • Maint Paid By: Owner
  • Gas Expense: 9,200
  • Water/Sewer Expense: 3,000
  • Trash Removal Expense: 1,300
  • Maintenance Expense: 9,500
  • Gas Paid By: Tenant
  • Water/Sewer Paid By: Owner
  • Trash Removal Paid By: Owner
  • Heat/Cool: Hot Water Heater,​Steam Heat,​Gas Water Heater
  • Fuel Type: Natural Gas,​Separate Meters Electric,​Separate Meters Gas
  • Water/Sewer: Community/Public Water,​Community/Public Sewer

Financial Features

  • Sale/Rent: For Sale
  • Taxes: 2,300
  • Summer Tax: 2,016.77
  • Winter Tax: 274.99
  • Total Tax: 2,291.76
  • Unit 1 Lease Exp: 3/18
  • Unit 1 Curr. Mo. Rent: 475
  • Unit 2 Lease Exp: 10/18
  • Unit 2 Curr. Mo. Rent: 495
  • Unit 3 Lease Exp: 6/18
  • Unit 3 Curr. Mo. Rent: 500
  • Unit 4 Lease Exp: 10/18
  • Unit 4 Curr. Mo. Rent: 495
  • Unit 5 Curr. Mo. Rent: 500
  • Unit 6 Curr. Mo. Rent: 500
  • Unit 7 Lease Exp: 4/18
  • Unit 7 Curr. Mo. Rent: 500
  • Unit 8 Curr. Mo. Rent: 500
  • Association Fee Frequency: None
  • Taxes Paid By: Owner
  • Terms: Cash,​Conventional
  • New/Owned: Pre-Owned

Community Features

  • Area: 07-Jackson,​ City of
  • City: Jackson
  • Lake Name: None
  • Township: City Of Jackson
  • Subdivision: Assessors Biddle Plat
  • Road Type: Paved,​Paved Driveway

School Features

  • School District: Jackson

Miscellaneous Features

  • Manufactured: No

Location

 
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Corner of Franklin & Third
The listing information for 504 Third St, Jackson, MI 49203 was graciously provided by our friends at the listing brokerage, ERA REARDON - BROOKLYN

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P&I Payment $1240.9
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Last Updated 01/17/2018 at 2:25pm
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