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Katie Wright

kawrealty@gmail.com +1(248) 403-3182

$ 495,000

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223 W Washington Avenue Jackson, MI 49201

6 Beds

8,712 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 55025028606

Bedrooms 6

Year Built 1950

Annual Tax Amount $6,177

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 66x132

Source Jackson Area Association of REALTORS®

Property Description

Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.

Location

State MI

County Jackson

Area Jackson

Zoning Other

Direction W Washington between S Blackstone St and S Jackson St.

Rooms

Basement Walk-Out Access

Interior

Interior Features Laundry Facility, Cable Available

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 6.0

Roof Type Other

Road Frontage Paved, Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal)

Structure Type Brick

Schools

School District Jackson

Others

Pets Allowed Yes

Tax ID 4019300000

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Pouria Namazi of NCDG REALTY & PROPERTY MANAGE

Katie Wright

Broker Associate | License ID: 387021

+1(248) 403-3182

Katie Wright

223 W Washington Avenue Jackson, MI 49201

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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223 W Washington Avenue