Jackson, MI 49202 612 Lansing Avenue
$164,000
6 more
Presented By: Doug Beiswanger at Coldwell Banker Beiswanger Realty Group - (517) 435-1500
Home Details
Located on the north side of the City of Jackson, this PROFESSIONALLY MANAGED quad unit CITY CERTIFIED investment property is ready for its new owners. Priced ABOVE market average CAP rate and indicative of EXCEEDING lender required DSCR for financing, this property is fully rented and offers a turnkey opportunity. Transit, shopping, and dining in the immediate area. Additional properties in this portfolio are available. Contact REALTOR to learn more about this opportunity.
Presented By: Doug Beiswanger at Coldwell Banker Beiswanger Realty Group - (517) 435-1500
Interior Features for 612 Lansing Avenue
Bathrooms
Total Baths
Other Interior Features
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Interior AmenitiesBroadband
Laundry FeaturesNone
Total Fireplaces1
General for 612 Lansing Avenue
Additional Parcels Y/NNo
Attached Garage No
CityJackson
Construction MaterialsVinyl Siding
CountyJackson
DirectionsLansing Ave N of W Ganson St and S of W North St.
Electric On Property Y/NNo
Gross Income29400.0
HeatingForced Air
High School DistrictJackson
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 1 EX W 66 FT C E WEBB'S N ADD
Listing TermsVA Loan, MSHDA, FHA, Cash, Conventional, Tax Def Exchange
Lot Size Square Feet12197.0
Lot Size UnitsAcres
MLS AreaJackson County - JX
MLS Area MinorJackson County - JX
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-12T15:14:06Z
Net Operating Income17471.0
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
Operating Expense11929.0
OwnerPaysTrash Collection, Electricity, Water, Sewer, Gas
OwnershipPrivate Owned
PossessionSubject To Tenant Rights
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
Standard StatusActive
StatusActive
Subdivision NameC E Webb's N Add
Tax Annual Amount2451.0
Tax Assessed Value37125
Tax Year2024
Tenant PaysNone
TownshipJackson City
UtilitiesPhone Available, Cable Available, Natural Gas Connected, Electricity Connected
Year Built1920
Zoning DescriptionR3
Exterior for 612 Lansing Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions72x228
Lot FeaturesLevel, Sidewalk
Lot Size Acres0.28
Lot Size Area0.28
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAsphalt, Driveway, Paved
Road Surface TypePaved
SpaNo
Total Parking6.0
Waterfront Y/NNo
Additional Details
Price History
Geri Rose
Real Estate Broker
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