About 223 W Washington Avenue
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.
Features of 223 W Washington Avenue
| MLS® # | 25028606 |
|---|---|
| Price | $465,000 |
| Acres | 0.20 |
| Year Built | 1950 |
| Type | Multi Family |
| Sub-Type | 5+ Units |
| Status | Active |
Community Information
| Address | 223 W Washington Avenue |
|---|---|
| Area | Jackson County - JX |
| City | Jackson |
| County | Jackson |
| State | MI |
| Zip Code | 49201 |
Amenities
| Parking | Asphalt, Driveway, Paved |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| New Construction | No |
Interior
| Heating | Hot Water |
|---|---|
| Fireplace | No |
| # of Fireplaces | 1 |
Exterior
| Lot Description | Level, Sidewalk, Corner Lot |
|---|---|
| Roof | Other |
School Information
| District | Jackson |
|---|---|
| Elementary | Big Jackson Public School |
| Middle | East Jackson Elementary School |
| High | East Jackson Secondary School |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Pouria Namazi |
|---|---|
| Office | NCDG REALTY & PROPERTY MANAGE |