NOT LISTED FOR SALE

504 3rd St Jackson, MI 49203

Under the Oaks Neighborhood
-- Bed
-- Bath
11,334 Sq Ft
8,276 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $67,500 $6 Per Sq Ft

13 Days on Market

About This Home

As of October 2012

Great opportunity on this 14 unit apartment building. Three story brick building with lots of character. Priced to sell at half the SEV. Less than $8,000 a unit. Located very close to downtown Jackson and near the City Bus stop. All units are two bedroom, one bath units. This building is currently occupied, and has been city certified in 2011.

Last Agent to Sell the Property

Ben Latocki

Production Realty Listed on: 08/03/2012

Co-Listed By

Dan Verlin

Guardhouse Rentals License #6501329323

Last Buyer's Agent

Annie Hoover

ERA REARDON - BROOKLYN

ERA REARDON - BROOKLYN

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Community Details

  • Operating Expense $5,000
  • Net Operating Income $9,000

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • List Price: 99000.0
  • Lot Features: Sidewalk
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 9000.0
  • Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 6233.43

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2012 10/31/12 Sold $67,500 -- $6 / Sq Ft
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ben Latocki

    Seller's Agent in 2012

    Ben Latocki

    Production Realty

    (517) 812-0009

    1 in this area

    23 Total Sales

    Ben Latocki
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Dan Verlin

    Guardhouse Rentals

    Section Image
  • Annie Hoover

    Buyer's Agent in 2012

    Annie Hoover

    ERA REARDON - BROOKLYN

    (517) 812-3209

    96 Total Sales

    Annie Hoover
    Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 21032570

MichRIC
Michigan Jackson County Jackson 49201 Under the Oaks

504 3rd St, Jackson, MI

Not Listed for Sale

MultiFamily

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