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

Sale Details

Date Sold: September 3, 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 Baker

ERA Reardon Realty, L.L.C. License #6501437282

ERA Reardon Realty, L.L.C.

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

6,098 Sq Ft Lot

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
  • Tax Info:Seller_squote_s Annual Property Tax2: 3257.51
  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MichRIC

MLS Number: 24042837

MichRIC

APN: 3-044600000

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