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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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844 Backus St , Jackson, MI 49202
$94,000
Est. Payment: $208.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 107
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House 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.

Highlights

Listed by Mariah LeRolland-Wagner , 734-645-5510 Keller Williams Ann Arbor Mrkt , 734-995-9400.

Property Type

Multi-Family

Lot/Acreage
0.1

Year Built

1905

County

Jackson

School District

Jackson

Listing ID

26026294

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Full

Exterior Features

Lot:Sidewalk,Corner Lot
Garage Capacity:0
Roof:Composition
Sewer:Public Sewer
Principal Interest
$209
Taxes
$160

Home Price

$94,000

Loan Details

30 yrs
%

Down Payment

20%
$18,800
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Monthly Price:
$208.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $208.89 $160.26 $0.00 $369.15
Yearly $2,506.67 $1,923.09 $0.00 $4,429.76
Total $75,200.00 $57,692.70 $0.00 $132,892.70

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Jackson, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.