844 Backus Street, Jackson, MI 49202

$94,000

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List Price
$94,000
Days on Market
57
MLS#
26026294
Status
ACTIVE
Type
Multifamily

Property Description

Well-maintained and desirable duplex located within the city limits, offering immediate income and future upside potential. The property is currently certified through 2028 and features two one-bedroom, one-bathroom units. Unit 1 (Ranch-Style): Occupied by a long-term tenant paying $650/month and responsible for their own utilities. Unit 2 (Up/Down Style): Currently vacant and move-in ready. Rent immediately for approximately $650/month, or update the unit to potentially achieve $750-$800/month in rental income. (Photos are of this units) This is an excellent opportunity for a first-time investor or anyone looking to add a positive cash-flow property with value-add potential to their portfolio. Showing Information: Showings are available for the vacant unit only. Access to the occupied unit will be provided upon receipt of an acceptable offer.

Additional Information

Owner Pays
Trash Collection, Water
Taxes
$1,923
Acres
0.10
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Jackson
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Utilities
Natural Gas Connected, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mariah LeRolland-Wagner from Listing Office: Keller Williams Ann Arbor Mrkt.

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