213 Reading Avenue

Jonesville MI 49250

1.08 ac.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

1.08 ac. lot size

Multi-Family

Property history for 213 Reading Avenue

2021

Sold

$300,000

05 Mar 2021 by Belle Stier, of Sterling Realty Group LLC

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Local market activity for multi families in Jonesville

In the last 12 months, 1 multi family similar to 213 Reading Avenue, have been sold.

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Doug Beiswanger

at Beiswanger and Risner RE Group

View listing

Sales:: (619) 566-0008

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