Address
532 Lansing Avenue, Jackson, MI
Price
$ 575,000
Property Attributes
  • MLS#24006461
  • TypeMulti-Family
  • CountyJACKSON
  • CityJackson
  • AreaJackson City
  • NeighborhoodJackson City
  • Zip49201
  • Style5+ Units
  • Year Built1976
  • Taxes$ 7776
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.66 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

PRIME INVESTMENT OPPORTUNITY! RARE & ONE OF A KIND PROPERTY RICH IN JACKSON HISTORY COVERING 3 LOTS FOR A TOTAL OF 0.91 ACRES! This dynamic opportunity offers a rooming house of 25+ rent-ready rooms, 7.5 baths & an entire third floor that's spacious, insulated & ready to be completed for extra income. Next door to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. New roof in 2015. Incredible woodwork details throughout. Asphalt driveway. Laundry facilities onsite. Create cash flow & build your investment portfolio. Great parking PLUS 2 extra vacant lots across the street with unlimited potential.

Price History
2/7/2024 Listed $575,000

General Features

Sewer Public Sewer
Heating Forced Air
Utilities Public Water Available,Public Sewer Available,Natural Gas Available,Natural Gas Connected
Possession Negotiable
Roof Composition
Construction Materials Wood Siding,Brick
Year Built 1976
Tenant Pays None
Property SubType 5+ Units
Tax Year 2023
OwnerPays Trash Collection,Electricity,Water,Sewer,Gas
Accessibility Accessible Bath Sink,Accessible Mn Flr Be,Accessible Mn Flr Fu
County Jackson
New Construction No
Property Type Multi-Family
Attached Garage No
Subdivision Name STEWARD'S ADD
Status Active
Directions Just South of Ganson
City Jackson
High School District Jackson
Total Units 25
MLS Area Jackson County - JX
Lot Size Square Feet 28750.0
Waterfront Y/N No
Street Name Lansing
Land Lease Y/N No
Tax Annual Amount 7776.06
Lease Renewal Y/N No
MLS Area Minor Jackson County - JX
Additional Parcels Y/N No
Rent Control Y/N No
Days on Market 19
Standard Status Active
Tax Assessed Value 233500
MobileHomeRemainsYN No
Legal Description NWLY 42.5 FT OF LOTS 1 & 2 AND ALL OF LOTS 3 & 4 BLK 4 STEWARD'S ADD
Senior Community None

Interior Features

Basement Full
Total Fireplaces 1
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Parking Features Asphalt,Driveway
Lot Features Sidewalk
Total Parking 25.0
Lot Size Area 0.66
Number of Buildings 1
Spa No
Lot Dimensions 196x265
Lot Size Acres 0.66
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 49201

Price
AVG $200K
$580K
Taxes
AVG $2,957
$7,776
Visits
AVG 177
373
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1976