106 S BROWN, Jackson MI 49203 Photo 1 106 S BROWN, Jackson MI 49203 Photo 2 106 S BROWN, Jackson MI 49203 Photo 3 106 S BROWN, Jackson MI 49203 Photo 4 106 S BROWN, Jackson MI 49203 Photo 5 106 S BROWN, Jackson MI 49203 Photo 6 106 S BROWN, Jackson MI 49203 Photo 7 106 S BROWN, Jackson MI 49203 Photo 8 106 S BROWN, Jackson MI 49203 Photo 9 106 S BROWN, Jackson MI 49203 Photo 10 106 S BROWN, Jackson MI 49203 Photo 11 106 S BROWN, Jackson MI 49203 Photo 12
Listing Courtesy of Era Reardon Realty, L.L.C.

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106 S BROWN - This property is a great opportunity to grow cash-flow and build wealth. Hasn't been offered for sale in decades, this is a once in a lifetime opportunity to buy this iconic apartment building in Summit Township. Twenty Six one bedroom apartments currently at 100% occupancy, these apartments rent extremely quickly! Building is a perfect location, just outside of the city limits yet still offers convenient location for shopping, commute and walking distance to Cascades Park. Covered carports offered to tenants along with frontage on two roads for easy access.

Listing information

  • MLS® ID: 201601853
  • Status: Active
  • Foreclosure: No
  • Lot Size: 286x128x82
  • School District: Jackson
  • Style: 3-Story
  • Stories: 0
  • Total Square Footage: 20,000 ($32.50 per sq. foot)
  • Estimated Annual Taxes: $11,087
  • Body of Water: None
  • Year Built: 1940
  • New Construction: No
  • Lot Area: 0.65
  • County: Jackson
  • Subdivision: Websters Addition

Features

Assessments No
Association Fee Frequency None
DESIGN 3 Story
Electric Paid By Owner
EXTERIOR Brick
FLOORING Carpeting, Tile, Vinyl/Laminate, Wood
Foreclosed (Y/N) No
Frontage LF/RF RF
FUEL TYPE Natural Gas
Gas Paid By Owner
HEAT/COOL Hot Water Heater
Insurance Paid By Owner
Maint Paid By Owner
Management Paid By Owner
Manufactured No
Mineral Rights Included Unknown
NEW/OWNED Pre-Owned
Other Lot Front - 286, Summer Tax - 9093.24, Tax Value Year - 2016, Taxes - 11086, Total Number of Units - 26, Total Tax - 11086.55, Unit 1 # Bdrms - 1, Unit 1 # Full Baths - 1, Unit 1 # Garage - 0, Unit 1 # Half Baths - 0, Unit 1 # of Parking - 1, Unit 1 # Rooms - 4, Unit 1 Sq Ft - 800, Unit 2 # Bedrooms - 1, Unit 2 # Full Baths - 1, Unit 2 # Garage - 0, Unit 2 # Half Baths - 0, Unit 2 # of Parking - 1, Unit 2 # Rooms - 4, Unit 2 Sq Ft - 800, Winter Tax - 1993.31
POSSESSION Possession At Closing
ROAD TYPE Paved, Paved Driveway
Subject to Short Sale No
Taxes Paid By Owner
TERMS Cash, Conventional
Trash Removal Paid By Owner
Water Selection No Water Selection
WATER/SEWER Community/Public Sewer, Community/Public Water
Water/Sewer Paid By Owner
ZONING Residential
Listing Courtesy of Era Reardon Realty, L.L.C.