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213 Palmer St

Jackson County MI 49277

0.63 ac.
Multi-Family
Currently for sale - view listing

Overview

RURAL DUPLEX INVESTMENT WITH STRONG CASH FLOW AND SELLER LEASEBACK OPPORTUNITY - Turnkey rural duplex offering diversified rental income, outbuildings, and a built-in tenant via a sale-leaseback structure below current appraised value. This is a rare chance to acquire income-producing real estate with an agreed 36 month buy-back that targets a strong return on capital.Property And Unit Details Unit 1: Currently rented at $2,500 per month, featuring 4 bedrooms, 2 bathrooms, a finished basement, and an on-site pole barn for storage, vehicles, or equipment - ideal for an owner-occupant or high-quality long-term tenant. Unit 2: Currently rented at $650 per month, offering 2 bedrooms, 1 bathroom, and a kitchenette area, perfect for steady supplemental income or multi-generational living. Rural setting provides privacy and a country feel while still within reasonable access to nearby towns, services, and employment corridors. The seller is specifically seeking an investor to

Features

0.63 ac. lot size
Multi-Family

Property history for 213 Palmer St

2020
Sold
$199,900
13 Aug 2020 by William Coats, of Berkshire Hathaway HomeServices Michigan Real Estate
2014
Sold
$39,900
21 Aug 2014
2009
Sold
$22,000
29 Apr 2009

Happy sellers in Jackson County

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Local market activity for multi families in Jackson County

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