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513 S Mechanic St
Jackson, MI 49203
MLS #201701270

Multi Family
  • 4units
$49,900
Est. P&I payment: $190.58/mo
513 S Mechanic St, Jackson, MI 49203
  • 513 S Mechanic St, Jackson, MI 49203 Photo 1
  • 513 S Mechanic St, Jackson, MI 49203 Photo 2
  • 513 S Mechanic St, Jackson, MI 49203 Photo 3
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Description for 513 S Mechanic St, Jackson, MI 49203
Opportunity awaits in this 4 unit conveniently located close to the hustle and bustle of downtown Jackson. Close to many new restaurants, shopping, bus stops, train station and everything in-between. This home is wired for some split electrical with separate meters owned by seller. Gross rents on this home are $1,780 monthly. Great opportunity to passively generate over $21,000.00 a year!
MLS #201701270
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My Notes for MLS #201701270

General Features

  • Type: 1 to 4 Units
  • Est Year Built: 1910
  • Total Above Grade SqFt: 1,796
  • Estimated Acreage: 0.19
  • Total Number of Units: 4
  • Zoning: Residential

Exterior Features

  • Frontage: RF
  • Lot Size: 73x198
  • Lot Front: 73

Interior Features

  • Unit 1 Sq Ft: 700
  • Unit 1 Number of Rooms: 4
  • Unit 1 Number of Bdrms: 1
  • Unit 1 Number of Full Baths: 1
  • Unit 1 Number of Parking: 1
  • Unit 2 Sq Ft: 500
  • Unit 2 Number of Rooms: 4
  • Unit 2 Number of Full Baths: 1
  • Unit 2 Number of Parking: 1
  • Unit 3 Sq Ft: 600
  • Unit 3 Number of Rooms: 4
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Number of Full Baths: 1
  • Unit 3 Number of Parking: 1
  • Unit 4 Sq Ft: 700
  • Unit 4 Number of Rooms: 4
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Number of Full Baths: 1
  • Unit 4 Number of Parking: 1

Utility Features

  • Water Selection: No Water Selection
  • Electric Paid By: Owner
  • Maint Paid By: Owner
  • Gas Paid By: Owner
  • Fuel Paid By: Owner
  • Water/Sewer Paid By: Owner
  • Trash Removal Paid By: Owner
  • Heat/Cool: Forced Air
  • Fuel Type: Natural Gas
  • Water/Sewer: Community/Public Water,​Community/Public Sewer

Financial Features

  • Sale/Rent: For Sale
  • Summer Tax: 801.36
  • Winter Tax: 79.98
  • Total Tax: 881.34
  • Unit 1 Lease Exp: m2m
  • Unit 1 Curr. Mo. Rent: 525
  • Unit 2 Lease Exp: m2m
  • Unit 2 Curr. Mo. Rent: 310
  • Unit 3 Lease Exp: m2m
  • Unit 3 Curr. Mo. Rent: 425
  • Unit 4 Lease Exp: m2m
  • Unit 4 Curr. Mo. Rent: 520
  • Association Fee Frequency: None
  • Taxes Paid By: Owner
  • Terms: Cash,​Conventional
  • New/Owned: Pre-Owned

Community Features

  • Area: 07-Jackson,​ City of
  • City: Jackson
  • Lake Name: None
  • Township: City Of Jackson
  • Subdivision: Grand River Addition
  • Road Type: Paved,​Gravel Driveway

School Features

  • School District: Jackson

Miscellaneous Features

  • Manufactured: No

Location

 
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Directions to 513 S Mechanic St, Jackson, MI 49203
North of Morrell
The listing information for 513 S Mechanic St, Jackson, MI 49203 was graciously provided by our friends at the listing brokerage, ERA REARDON REALTY, L.L.C.

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P&I Payment $190.58
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty 1st's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty 1st, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 08/19/2017 at 5:21am
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