$499,000

FOR SALE

213 Reading Avenue, Jonesville, MI 49250

Jonesville, Mi, 49250

MLS #26021894

Subdivision: Supervisors Plat 2

Building: -

- Beds

-/- Baths

- sqft

$ - /sqft

Property Details

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.

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
********
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1900
Cooling
-
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
-
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
-
Application Fee
-
Water Access
-
Pool
-
Gated Community
-
Status
A
Listing Office
Coldwell Banker Beiswanger Realty Group

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Listing Courtesy of: Coldwell Banker Beiswanger Realty Group