About 505-507 2nd Street
Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.
Features of 505-507 2nd Street
| MLS® # | 25046452 |
|---|---|
| Price | $99,900 |
| Acres | 0.05 |
| Year Built | 1930 |
| Type | Multi Family |
| Sub-Type | 2 to 4 Units |
| Status | Active |
Community Information
| Address | 505-507 2nd Street |
|---|---|
| Area | Jackson County - JX |
| Subdivision | Livermore Wood & Eaton's Add |
| City | Jackson |
| County | Jackson |
| State | MI |
| Zip Code | 49203 |
Amenities
| Parking | Paved |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| New Construction | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Level, Sidewalk |
|---|---|
| Roof | Composition |
School Information
| District | Jackson |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Doug Beiswanger |
|---|---|
| Office | Coldwell Banker Beiswanger Realty Group |