$160,000
Jackson, MI 49201
MLS# 25060896
Status: Pending
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Property Description
Attention Investors! Don't miss this fully occupied 3-unit multi-family property with strong rental history and built-in value-add potential. Two tenants are long-term, and the third has been in place for over two years—stable, reliable income from day one. Property Highlights: Units 1 & 2: 1 bed / 1 bath Unit 3: 2 bed / 1 bath Bonus: Unit 2 features a cozy front-room balcony Spacious backyard perfect for tenant enjoyment Detached garage with additional rental income potential Investor Upside: All utilities currently on a shared meter and paid by the owner—easy opportunity to implement utility reimbursement Trash and lawn care can be shifted to tenant-paid services Garage can be rented separately to boost monthly income Rents have room to increase for even stronger returns This is a turnkey investment with clear paths to grow cash flow. Great opportunity to add a solid, income-producing property to your portfolio!
Details
Maps
Location Property Info
County: Jackson
Street #: 604
Street Name: Homewild
Suffix: Avenue
State: MI
Zip Code: 49201
Zip (4): 1659
Area: Jackson County - JX
OfficeContract Info
Status: Pending
Current Price: $160,000
List Price: $160,000
Listing Date: 2025-12-05
General Property Info
Lot Measurement: Acres
Lot Square Footage: 8712
Lot Acres: 0.2
Lot Dimensions: 66 x 132
Year Built: 1900
New Construction: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2025-02-23
Road Frontage: 66
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1760
Total Parking Spaces: 5
Waterfront: No
School District: Jackson
Tax Info
Tax ID #: 7-024400000
Taxable Value: 31579
SEV: 55800
For Tax Year: 2025
Seller's Annual Property Tax: 2149.39
Tax Year: 2025
Spec Assessment & Ty: None
Zoning: R-4
Remarks Misc
Directions: N Park Ave and Homewild Ave.
Located just North of E. Michigan Ave.
Status Change Info
Under Contract Date: 2025-12-11
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit #: 1
Unit Description: Lvl 1 F
SqFt: 550
Occupied: Yes
Monthly Rent: 750
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 2
Unit Description: Lvl 2 R
SqFt: 550
Occupied: Yes
Monthly Rent: 750
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit #: 3
Unit Description: LV 1 R
SqFt: 800
Occupied: Yes
Monthly Rent: 1025
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Property Features
Exterior Material: Aluminum Siding
Roofing: Other
Substructure: Full
Lot Description: Level; Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet; Public Water
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Concrete
Street Type: Paved; Public
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Listing Office: NCDG REALTY & PROPERTY MANAGE
Listing Agent: JOHN COLLIS
Last Updated: December - 17 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.