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2,822 sqft

$299,900

551 Cooper Street, Jackson City Jackson Michigan, 49201

Price per sqft$106.27
Built in1900
Property size2,822 sqft
Property typeMulti-family

Overview

Active

Updated 4 days ago

Excellent investment opportunity with a fully occupied 6-unit multi-family property featuring two buildings on a corner lot. The property consists of a 4-unit building and a separate 2-unit building, offering a total of six units. Numerous major updates were completed in 2022-2023, including a new roof, six kitchens, six bathrooms, most of the flooring throughout in 2023, plus two furnaces and a water heater in 2022. All new windows and most of the plumbing in the 4 unit building over the past few years. The rear 2-unit building has separate gas and electric meters, with tenants responsible for their own electric; but gas could be fully separated with the addition of a 2nd water heater (already has 2 separate furnaces). City certified and fully occupied, with approximately $42,000 in annual NOI and a reported 14% cap rate. A strong opportunity for investors seeking an updated, income-producing multifamily property.

$1,995/mo

Est. mortgage payment based on a $299,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$5,970
Tax Frequency
Annually

 

Courtesy of Coldwell Banker Beiswanger Realty Group

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Data last updated 4:40 AM UTC, 10/8/2026

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