Property Back to Market Report

505-507 2nd Street, Jackson, MI 49203

$94,000
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Sold Price
$94,000
List Price
$99,900
Status
SOLD
Days on Market
142
Closing Date
Feb 27, 2026
MLS#
25046452
Subtype
Multi Family
Year Built
1930
Lot Size
2,178
Acres
0.05
Subdivision
Livermore Wood & Eaton's Add
Neighborhood
Jackson County - JX
MLS Area Major
Jackson County - JX
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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.

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Additional Information

Taxes
$1,895
Zoning
R-3
Heating
Forced Air
Parking Features
Paved
School District
Jackson
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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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