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500 W Biddle ST #A, B, C, D Jackson, MI 49203
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $63
Subdivision Livermore Wood & Eaton'S Add
MLS Listing ID 55025056416
Sold Date 12/12/25
Year Built 1930
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
Property Description
CITY CERTIFIED 4-UNIT PROPERTY WITH OFF-STREET PARKING AND EXCELLENT INVESTMENT POTENTIAL NEAR CENTRAL BUSINESS DISTRICT. Property Overview-Presenting a fantastic investment opportunity: a City Certified four-unit multi-family home located just minutes from the central business district. This property offers a strong return and is currently being offered at an impressive 11.5% CAP Rate, making it ideal for both seasoned investors and those entering the market.Unit Configuration-1 spacious two-bedroom unit3 comfortable one-bedroom unitsEach unit is thoughtfully designed for convenience and comfort, catering to a variety of tenant needs.Parking and Accessibility-All four units come with off-street parking, providing tenants with a secure and hassle-free parking experience. This feature adds significant value and appeal to the property.Prime Location-The property is ideally situated close to public transit options, allowing residents easy access to commutethroughout the city. In addition, shopping, dining, and entertainment venues are all within walking distance, ensuring a vibrant and convenient lifestyle for tenants.
Investment Highlights-
" City Certified for peace of mind and compliance
" Attractive 11.5% CAP Rate
" Desirable unit mix for diverse rental demand
" Off-street parking for all units
" Proximity to central business district, transit, shopping, and dining.
Don't miss the chance to own this well-maintained and high-performing multi-family property in a sought-after urban location.
Home is available with $0 down payment to qualified purchasers. Contact REALTOR today for more details or to schedule a viewing.
Location
State MI
County Jackson
Area Area12132Jackson
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling WindowUnits
Fireplace No
Exterior
Parking Features Paved
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Roof Type Composition, Other
Building
Lot Description CornerLot, Level
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Jackson
School District Jackson
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition Standard
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