NOT LISTED FOR SALE

6746 Andy Trail Jackson, MI 49201

-- Bed
-- Bath
18,900 Sq Ft
6.67 Acres Lot

Sale Details

Date Sold: June 7, 2017

Last sale price $550,000 $29 Per Sq Ft

4 Days on Market

About This Home

As of June 2017

Great investment opportunity! 21 unit, multi-unit property. Each apartment is 2 Bedroom, 1 Bath with over 900 sq ft of living space. Located on 6.67 acres of land with scenic view and beautiful Sandstone creek running trough the back of the property. (Which is great for fishing!) The property is in the Western school district which is one of the best school districts in the county! All rental information is estimated. $637/month x 21 units = $13,377 $13,377 x 12 months = $160,524 $160,524 - 5% vacancy = $152,498

Last Agent to Sell the Property

John Collis

NCDG REALTY & PROPERTY MANAGE License #6502352091 Listed on: 02/24/2017

Last Buyer's Agent

RACHEAL STOYK

JOD REAL ESTATE GROUP License #6501388443

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,271

Year Built

  • Built in 1970

Lot Details

  • 6.67 Acre Lot
  • Lot Dimensions are 1653x712x1653
  • Home fronts a stream
  • Corner Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Basement

  • Walk-Out Basement

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water

Community Details

Overview

  • 21 Units

Building Details

  • Operating Expense $6,681
  • Gross Income $136,017
  • Net Operating Income $288,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,271

Year Built

Built in 1970

Lot Details

6.67 Acres

Listing Details

  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab, Walk-Out Access

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • List Price: 635000.0
  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront Features: Stream
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Lot Size Acres: 6.67
  • Lot Size Area: 6.67
  • Lot Dimensions: 1653X712X1653

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 136017.0
  • Net Operating Income: 288515.0
  • Number of Units Total: 21
  • Operating Expense: 6681.0

Tax Info

  • Tax Annual Amount: 7270.97
  • Tax Year: 2016
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Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2017 06/07/17 Sold $550,000 -- $29 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
Source: MichRIC

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21035065

MichRIC
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