$ 499,000
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$499,000
Price -
0
Bed -
0
Bath -
0
SqFt
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About the Listing 89447 - MR76441
Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities, improving net operating margins and simplifying owner expenses. The portfolio mix includes one-bedroom and two-bedroom units (ideal for long-term tenants and workforce housing), with a history of consistent occupancy through professional management and immediate rent growth potential through modest unit updates. Additional 10 unit portfolio is available as well (totaling 21 units). Contract REALTOR for information.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
70531585
Year Built
1900
Total Square Footage
0
Lot/Acreage
1.08
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Sidewalks
- Garage Capacity: N/A
- Lot Dimensions: 145x345
- Zoning: Residential
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $15,100
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
213 Reading Jonesville, MI 49250
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