505-507 2nd Street, Jackson, MI 49203

$94,000

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Sold Price
$94,000
List Price
$99,900
Closing Date
Feb 27, 2026
Days on Market
142
MLS#
25046452
Status
SOLD
Type
Multifamily
Neighborhood
Jackson County - JX

Property Description

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.

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$1,895
Acres
0.05
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Jackson
Tenant Pays
Electricity, Gas
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Doug Beiswanger from Listing Office: Coldwell Banker Beiswanger Realty Group.

Selling Agent: Selling Office: .

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