$300,000
SOLD FEB 28, 2025
-- Bed
-- Bath
-- Sq Ft
0.66 Acres

Recently Sold

48% Below List Price

358 Days on Market

Highlights

  • 0.66 Acre Lot
  • Accessible Bedroom
  • Forced Air Heating System
  • Main Floor Bedroom
  • Accessible Bathroom
  • 5-minute walk to Betty's Dog Park

About This Home

As of February 2025

PRIME INVESTMENT OPPORTUNITY! RARE & ONE OF A KIND PROPERTY RICH IN JACKSON HISTORY COVERING 3 LOTS FOR A TOTAL OF 0.91 ACRES! This dynamic opportunity offers a rooming house of 29+ rent-ready rooms, 7.5 baths & an entire third floor that's spacious, insulated & ready to be completed for extra income. Next door to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. New roof in 2015. Incredible woodwork details throughout. Asphalt driveway. Laundry facilities onsite. Create cash flow & build your investment portfolio. Great parking PLUS 2 extra vacant lots across the street with unlimited potential.

Last Agent to Sell the Property

Stephanie Bosanac

RE/MAX MID-MICHIGAN R.E. License #6501336455 Listed on: 02/07/2024

RE/MAX MID-MICHIGAN R.E.

Last Buyer's Agent

Stephanie Bosanac

RE/MAX MID-MICHIGAN R.E. License #6501336455 Listed on: 02/07/2024

RE/MAX MID-MICHIGAN R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 196x265

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Parking

  • 25 Parking Spaces
  • Driveway

Accessible Home Design

  • Accessible Bathroom
  • Roll Under Sink
  • Accessible Bedroom

Additional Features

  • Main Floor Bedroom
  • Basement Fills Entire Space Under The House
  • Forced Air Heating System

Community Details

  • 25 Units
  • Steward's Add Subdivision

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1976
  • Location Property Info:Property Sub-Type: 5+ Units
  • OfficeContract Info:List PriceSqFt2: 57.9
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 196x265
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 25
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Location Property Info:Subdivision2: STEWARD'S ADD
  • Accessibility Feat:Accessible Mn Flr Be: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Bath Sink, Accessible Mn Flr Be, Accessible Mn Flr Fu
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick, Wood Siding
  • List Price: 425000.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: Yes
  • Exterior Material:Wood Siding: Yes
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 25.0
  • General Property Info:Total Parking Spaces: 25.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Natural Gas Connected

Lot Info

  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Dimensions: 196x265
  • Lot Size Sq Ft: 28750.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 25

Tax Info

  • Tax Annual Amount: 7776.06
  • Tax Year: 2023
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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
02/28/2025 02/28/25 Sold $300,000 -29.4% --
01/11/2025 01/11/25 Price Changed $425,000 -14.8% --
04/11/2024 04/11/24 Price Changed $499,000 -13.2% --
02/07/2024 02/07/24 For Sale $575,000 -- --
Source: MichRIC

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,766 $273,500 $0 $0
2024 $67 $264,900 $0 $0
2023 $6,473 $232,200 $0 $0
2022 $7,098 $282,200 $0 $0
2021 $7,128 $290,900 $0 $0
2020 $6,932 $280,550 $0 $0
2019 $6,746 $258,200 $0 $0
2018 $6,439 $215,400 $0 $0
2017 $5,914 $203,000 $0 $0
2016 $5,121 $177,900 $177,900 $0
2015 $4,951 $151,400 $151,400 $0
2014 $4,951 $127,500 $0 $0
2013 -- $127,500 $127,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 24006461

MichRIC
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