$85,500
Jackson, MI 49203
MLS# 23005555
Status: Sold

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Property Description
Great investment opportunity! This 3 unit apartment building is very close to Downtown Jackson, I-94, U.S. 127 South, and Henry Ford Hospital. Each unit offers it's own unique floor plan and separate entrances. Tenants are paying a flat fee of $100 each for utilities and have a 1 year lease. Apartment #1 has it's own electric meter and electric heat. Apartments #2 & #3 share an electric meter and have forced air heat. All 3 units are occupied with new leases. This sale includes both lots 18 & 19. Parcels 6-057100000 & 6-057000000
Details
Maps
Location Property Info
County: Jackson
Street #: 401
Street Name: Page
Suffix: Avenue
State: MI
Zip Code: 49203
Zip (4): 1938
OfficeContract Info
Status: Sold
Current Price: $85,500
List Price: $95,000
Listing Date: 2023-02-24
General Property Info
Lot Measurement: Acres
Lot Square Footage: 6970
Lot Acres: 0.16
Lot Dimensions: 46x80x48x68
Year Built: 1925
New Construction: No
Cert of Compliance: No
Road Frontage: 127
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 2900
Total Parking Spaces: 3
Waterfront: No
School District: Jackson
Tax Info
Tax ID #: 6-057000000
Taxable Value: 35613
SEV: 40400
For Tax Year: 2022
Seller's Annual Property Tax: 2437
Tax Year: 2022
Spec Assessment & Ty: None
Zoning: 401 RES-IMP
Remarks Misc
Directions: E. Michigan Ave to Page Ave.
Status Change Info
Under Contract Date: 2023-03-10
Sold Date: 2023-05-16
Sold Price: $85,500
Sold Price/SqFt: 29.48
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Apt #1
SqFt: 716
Occupied: Yes
Monthly Rent: 475
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Apt #2
SqFt: 1044
Occupied: Yes
Monthly Rent: 700
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: Apt #3
SqFt: 1098
Occupied: Yes
Monthly Rent: 750
Bedrooms: 1
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Property Features
Exterior Material: Brick; Vinyl Siding
Roofing: Rubber
Substructure: Partial
Lot Description: Corner Lot; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at Street: None
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Electric; Natural Gas
Heat Type: Baseboard; Forced Air
Air Conditioning: None
Driveway: Concrete; Paved
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Deck/Patio; Dishwasher; Range Oven; Refrigerator; Sep. Heat System; W/D Hookup
Unit 2: Dishwasher; Range/Oven; Refrigerator; Sep. Heat System
Unit 3: Range/Oven; Dishwasher; Refrigerator; Sep. Heat System
Listing Office: Century 21 Affiliated - Jackson
Listing Agent: Charles Baxter
Last Updated: January - 27 - 2026
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