Do Real Estate on the Go!
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Do Real Estate on the Go!
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$499,000
-- Bed
-- Bath
--sqft
213 Reading Ave, Jonesville City Hillsdale, MI 49250
$499,000
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Multi Family
Built in 1900
$-- HOA
1.08 acres lot
--/sqft
Description
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.
- Houzeo last checked: 13 Minutes ago
- Listing updated: May 13, 2026 at 5:01 pm
- Listing Provided by: Doug Beiswanger (517) 914-9555 | Coldwell Banker Beiswanger Realty Group (517) 435-1500
- Source: Realcomp MLS-MI | MLS#: 55026021894
- Originating MLS: Jackson Area Association of REALTORS
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
1.08 acres lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
55026021894
MLS Status
Active
Days on Market
14
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services , Consumer Protection Notice .
§ 442‑H New York Standard Operating Procedure .
New York State Fair Housing Notice .
