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® # | 55025028606 |
|---|---|
| Price | $465,000 |
| Bathrooms | 0.00 |
| Acres | 0.20 |
| Year Built | 1950 |
| Type | Multifamily |
| Status | Active |
Community Information
| Address | 223 W Washington Avenue |
|---|---|
| Area | 12132 - Jackson |
| City | Jackson city |
| County | Jackson |
| State | Michigan |
| Zip Code | 49201 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected |
|---|---|
| Parking | Asphalt, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Water, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Corner Lot, Level |
|---|---|
| Construction | Brick |
School Information
| District | Jackson |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | NCDG REALTY & PROPERTY MANAGE |
|---|---|
| Contact Info | paul@ncdevgroup.com |