$499,000
FOR SALE213 Reading Avenue, Jonesville, MI 49250
Jonesville, Mi, 49250
MLS #26021894
Subdivision: Supervisors Plat 2
Building: -
- Beds
-/- Baths
- sqft
$ - /sqft
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.
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Listing Courtesy of: Coldwell Banker Beiswanger Realty Group