Listing Courtesy of: MichRic / Coldwell Banker Beiswanger Realty Group / Douglas Beiswanger
500 W Biddle Street Jackson, MI 49203
Pending (27 Days)
$175,000 (USD)
Description
MLS #:
25056416
25056416
Taxes
$2,492
$2,492
Lot Size
6,098 SQFT
6,098 SQFT
Type
Multifamily
Multifamily
Year Built
1930
1930
County
Jackson County
Jackson County
Listed By
Douglas Beiswanger, Coldwell Banker Beiswanger Realty Group
Source
MichRic
Last checked Nov 30 2025 at 11:08 PM GMT+0000
MichRic
Last checked Nov 30 2025 at 11:08 PM GMT+0000
Bathroom Details
Lot Information
- Sidewalk
- Corner Lot
- Level
Heating and Cooling
- Forced Air
- Window Unit(s)
Basement Information
- Full
Exterior Features
- Vinyl Siding
Parking
- Paved
Location
Disclaimer: Copyright 2025 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/30/25 15:08
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 unit
• 3 comfortable one-bedroom units
Each 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 commute throughout 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.