Property Type:
Multi Family
Lot Size (sq. ft.):
115,434
Status:
Sold
Current Price:
$1,500,000
List Date:
1/16/2018
Last Modified:
7/23/2021
1434 LONGFELLOW AVE Units 1406-1488, Jackson, MI 49202
$1,398,000
Overview
Description
Turn-key investment. The Longfellow Apartments consists of 6 buildings 28 townhome units which are currently 100% leased. There are six 1300 sq.ft. ,3 bed/1.5 bath units, six 960 sq.ft., 2 bed/1.5 bath units, eight 1100 sq.ft, 2 bed/1.5 bath units and eight 1056 sq.ft., 2 bed/1.5 bath units all 2 story with full basements. Each unit with private entrances, tenants enjoy a sense of home ownership. Located out the city and near 94 and 127. Long term tenants in most units. Cap rate of 9%. Each unit is outfitted with separately-metered, gas-forced air furnaces and Central Air. Notable for investors is the excellent condition of this asset and numerous upgrades it’s received, such as 7 units fully remodeled, 15 new furnaces, 8 new A/C units, 12 new refrigerators, 7 new water heaters, vinyl
Supplements:
Listing Details MLS# 21034757
Location Property Info
- County
- Jackson
- Street #
- 1434
- Street Name
- LONGFELLOW AVE
- State
- MI
- Zip Code
- 49202
General Property Info
- Lot Measurement
- Acres
- Lot Square Footage
- 115434
- Lot Acres
- 2.65
- Lot Dimensions
- 275X450X275
- Year Built
- 1972
- New Construction
- No
- Total # Units
- 28
- Waterfront
- No
- Body of Water
- None
- School District
- Jackson
Tax Info
- Tax ID #
- 000-08-28-326-003-00
- Taxable Value
- 277942
- SEV
- 281000
- Seller's Annual Property Tax
- 14099.78
- Tax Year
- 2017
- Spec Assessment & Ty
- none
Remarks Misc
- Directions
- south of Boardman
Status Change Info
- Under Contract Date
- 2018-02-22
- Sold Date
- 2018-03-30
More Information
Waterfront Options
- Water Access Y/N
- No Water Selection
Unit 1
- SqFt
- 1100
- Full Baths
- Yes
- Half Baths
- Yes
- Monthly Rent
- 0
Unit 2
- SqFt
- 960
- Full Baths
- Yes
- Half Baths
- Yes
- Monthly Rent
- 0
Unit 3
- SqFt
- 1300
- Full Baths
- Yes
- Half Baths
- Yes
Unit 4
- SqFt
- 1056
- Full Baths
- Yes
- Half Baths
- Yes
Location & Property Info
- Unit #
- Units 1406-1488
- Area
- Jackson County - JX
- Municipality
- Blackman Twp
- Subdivision
- Oakwood Acres
Remarks & Misc
- Legal
- Lot 33,34, and 35 Oakwood Acres
Income and Expenses
- Gross Op. Inc.
- 0
Street Type
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public Water
- Yes
Terms Available
- Cash
- Yes
- Conventional
- Yes
Mineral Rights
- Unknown
- Yes
Association Info.
- Approx. Assoc Fee
- 0
- Assoc. Fee Payable
- None
Exterior Material
- Vinyl Siding
- Yes
Heat Source
- Natural Gas
- Yes
Heat Type
- Forced Air
- Yes
Tenant Pays
- Electric
- Yes
- Gas
- Yes
Substructure
- Full
- Yes
Owner Pays
- Trash Collection
- Yes
- Water
- Yes
Property Features
Exterior Material:
Vinyl Siding
Substructure:
Full
Sewer:
Public Sewer
Water:
Public Water
Owner Pays:
Trash Collection; Water
Tenant Pays:
Electric; Gas
Heat Source:
Natural Gas
Heat Type:
Forced Air
Street Type:
Paved
Mineral Rights:
Unknown
Terms Available:
Cash; Conventional
GIS ›
Updates and Layouts ›
Listing Office:
Sproat Realty Professionals-J
Listing Agent:
SUSAN M MOHLMAN
Last Updated: July - 23 - 2021
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.
