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Richard Stewart

richard@2693457000.com +1(269) 217-0411

$ 209,500

Est. payment | -/mo

3 Baths

0.51 Acres Lot

Save

$ 209,500

Est. payment | -/mo

Save

3 Baths

0.51 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Blackman Twp

Subdivision Blackman Twp

MLS Listing ID 20261040227

HOA Y/N true

Year Built 1970

Annual Tax Amount $3,503

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions 100 x 220

Source Realcomp

Property Description

Turnkey, fully occupied 3-unit multifamily investment opportunity generating $2,100 in gross monthly rental income ($25,200 annually). Each 1-bedroom, 1-bath unit is leased at $700 per month and features separate utilities for simplified management. Situated on half an acre, the property includes off-street parking, shared laundry, and an owner's storage shed. Current rental rates may provide an opportunity for future income growth, making this an attractive investment with immediate cash flow and long-term upside.

Location

State MI

County Jackson

Zoning Commercial

Direction I-94 East or West to Lansing Rd, Then North past Woodworth Rd, Home is located on the West side of Lansing Rd.

Rooms

Basement Slab

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Well

Structure Type Vinyl Siding

Schools

School District Northwest

Others

Tax ID 000082217701000

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

Listed by Exclusive House of Real Estate

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 217-0411

richard@2693457000.com

828 Portage St, Kalamazoo, MI 49001, United States

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Licensing & Affiliation Disclosure: > Richard Stewart is the Principal Broker of REO Specialists, L.L.C. and an Associate Broker with Real Broker LLC. All real estate brokerage activities are conducted in compliance with Michigan licensing laws. Richard Stewart’s Equity Recovery Program is a professional real estate service and does not provide legal or tax advice. Homeowners should consult with legal counsel regarding their specific rights during the Michigan foreclosure redemption period.

3006 Lansing Avenue Jackson, MI 49202