213 Reading Avenue, Jonesville, MI 49250
- $499,000
- Sold Price
- $499,000
- List Price
- $499,000
- Closing Date
- Jul 22, 2026
- Days on Market
- 13
- MLS#
- 26021894
- Status
- SOLD
- Type
- Multifamily
Property Description
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.
Additional Information
- Owner Pays
- Trash Collection
- Taxes
- $15,100
- Acres
- 1.08
- Basement
- Crawl Space, Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Jonesville
- Tenant Pays
- Electricity, Gas, Sewer, Water
- Total Parking Spaces
- 22
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Doug Beiswanger from Listing Office: Coldwell Banker Beiswanger Realty Group.
Selling Agent: Selling Office: .
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