Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities, improving net operating margins and simplifying owner expenses. The portfolio mix includes one-bedroom and two-bedroom units (ideal for long-term tenants and workforce housing), with a history of consistent occupancy through professional management and immediate rent growth potential through modest unit updates. Additional 10 unit portfolio is available as well (totaling 21 units). Contract REALTOR for information.
1.08 Private Acres Lot Size
investment
$1,258 Monthly Tax
Built in 1900
MLS/Listing ID 55026021894
11 Units
Community - Sidewalks
Construction - Wood Siding
Construction - Vinyl Siding
Composition
Cooling - Window Units
Heating - Natural Gas
Heating - Forced Air
In Unit Laundry
Crawlspace
Lot - Cul-de-sac
Lot - Corner Lot
Parking - Aggregate
TOTAL MONTHLY COST
$0
$0
$0