NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold September 03, 2024

Last sale price $145,000

1 Day on Market

Highlights

  • Forced Air Heating System
  • Sharp Park Academy Rated A-
  • 4-minute walk to Under the Oaks

About This Home

As of September 2024

City Certified until July 2026. This 4 plex is fully occupied and conveniently located between downtown, Cascades, Ella Sharp Park, and the common shopping centers. This investment property carries a desirable 14.5% cap rate with opportunity to improve upon that. The photos of the empty 3 bedroom unit are from before the tenant moved in. No current photos are available.

Last Agent to Sell the Property

Korey Rowlson

Five Star Real Estate-Jackson License #6506047873 Listed on: 08/16/2024

Last Buyer's Agent

Jill Pastoriza

ERA REARDON REALTY, L.L.C. License #6501437282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1906

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51 x 120

Home Design

  • Composition Roof

Basement

  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available

Listing and Financial Details

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

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,040
  • Utility Expense $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1906
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 51 x 120
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • General Property Info:Total _pound_ Units: 4
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Phone Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Other
  • List Price: 149900.0
  • Lot Features: Sidewalk
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 5.0
  • General Property Info:Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Phone Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 51 x 120
  • Lot Size Sq Ft: 6098.0

Rental Info

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

Multi Family

  • Insurance Expense: 2040.0
  • Number of Units Total: 4

Tax Info

  • Tax Annual Amount: 3257.51
  • Tax Year: 2023
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
09/03/2024 09/03/24 Sold $145,000 -3.3% --
08/16/2024 08/16/24 For Sale $149,900 -- --
Source: MichRIC

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MichRIC

MLS Number: 24042837

MichRIC

APN: 3-044600000