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

Municipality: Summit Twp Subdivision: None

General Property Info

New Construction: No Lot Dimensions: 66x893 Waterfront: No Body of Water: None Total # Units: 54 School District: Jackson Lot Measurement: Acres Lot Square Footage: 198198 Lot Acres: 4.55 Year Built: 1950

Tax Info

Taxable Value: 735210 SEV: 844900 Seller's Annual Property Tax: 43006 Tax Year: 20 Tax ID #: 000-13-04-326-006-00

Remarks & Misc

Legal: Sec 35

Waterfront Options

Water Access Y/N: No Water Selection

Water Type

Other: 1

Lot Description

Sidewalk: 1

Income and Expenses

Gross Op. Inc.: 0 Net Operating Income: 700000 Operating Expense: 200000

Street Type

Paved: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

Unknown: 1

Association Info.

Approx. Assoc Fee: 0 Assoc. Fee Payable: None

Exterior Material

Brick: 1

Heat Source

Natural Gas: 1

Tenant Pays

Electric: 1 Gas: 1

Driveway

Paved: 1

Substructure

Slab: 1

Owner Pays

Trash Collection: 1 Water: 1

Unit 1

SqFt: 800 Monthly Rent: 800 Bedrooms: 2 Full Baths: 1

Unit 2

SqFt: 700 Monthly Rent: 700 Bedrooms: 2 Full Baths: 1

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

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

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'
IDX
Last Updated: July - 23 - 2021
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