1024 S BROWN, Jackson, MI 49203 (MLS# 21034750)
1024 S BROWN, Jackson, MI 49203
$2,225,000
Property Type:
Multi Family
Lot Size (sq. ft.):
198,198
Status:
Sold
Current Price:
$2,600,000
List Date:
4/06/2021
Last Modified:
7/23/2021
Description
Park-like setting for this one of a kind complex nestled in a quaint residential community. Garden style complex with separate entrances for every four units. Well maintained inside and out, with many capital improvements including the roof, all new parking lot, hot water tanks, new carpeting, lighting and more. Seller is motivated and wants to redistribute their capitol. Bring all offers.
More Information MLS# 21034750
Location Property Info
County: Jackson
Street #: 1024
Street Direction: S
Street Name: BROWN
State: MI
Zip Code: 49203
OfficeContract Info
Status: Sold
Current Price: $2,225,000
List Price: $2,600,000
Listing Date: 2021-04-06
General Property Info
Lot Measurement: Acres
Lot Square Footage: 198198
Lot Acres: 4.55
Lot Dimensions: 66x893
Year Built: 1950
New Construction: No
Total # Units: 54
Waterfront: No
Body of Water: None
School District: Jackson
Tax Info
Tax ID #: 000-13-04-326-006-00
Taxable Value: 735210
SEV: 844900
Annual Property Tax: 43006
Tax Year: 20
Remarks Misc
Directions: Brown S of Morrell by Cascades
Status Change Info
Under Contract Date: 2020-08-24
Sold Date: 2021-04-06
Sold Price: $2,225,000
Waterfront Options
Water Access Y/N: No Water Selection
Income and Expenses
Net Operating Income: 700000
Operating Expense: 200000
Unit 1
SqFt: 800
Monthly Rent: 800
Bedrooms: 2
Full Baths: 1
Unit 2
SqFt: 700
Monthly Rent: 700
Bedrooms: 2
Full Baths: 1
Property Features
Water Type: Other
Exterior Material: Brick
Substructure: Slab
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Owner Pays: Trash Collection; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Driveway: Paved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Listing Office: NON-MEMBER REALTOR 'LIST'
Listing Agent: NON-MBR 'LIST' NON-MBR 'LIST'
Last Updated: July - 23 - 2021
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