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About the Listing 89491 - 303703
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.
Listing Highlights for 223 W Washington
Status
Active
Days on Site
91
Property Type
Multi-Family
MLS ®
70475262
Year Built
1950
Total Square Footage
4,872
Lot/Acreage
0.2
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4872
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sidewalks
- Garage Capacity: N/A
- Lot Dimensions: 66x132
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $6,177
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
223 W Washington Jackson, MI 49201
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