Listed by Exclusive House of Real Estate
$209,500
3006 Lansing Avenue
Details
APN 000082217701000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,440
Units 3
NOI $22,500
Occupancy 100%
Tenancy Multi
Year Built 1970
Buildings 1
Stories 1
Acreage 0.510
Zoning Commercial
Ownership Standard (Private)
3006 Lansing Avenue, Jackson, MI 49202
Marketing description
Turnkey, fully occupied 3-unit multifamily investment opportunity generating $2,100 in gross monthly rental income ($25,200 annually). Each 1-bedroom, 1-bath unit is leased at $700 per month and features separate utilities for simplified management. Situated on half an acre, the property includes off-street parking, shared laundry, and an owner's storage shed. Current rental rates may provide an opportunity for future income growth, making this an attractive investment with immediate cash flow and long-term upside.
Investment highlights
- Turnkey, fully occupied 3-unit multifamily investment opportunity
- Generating $2,100 in gross monthly rental income ($25,200 annually)
- Each 1-bedroom, 1-bath unit leased at $700 per month
- Separate utilities for simplified management
- Situated on half an acre with off-street parking, shared laundry, and an owner's storage shed
- Current rental rates may provide an opportunity for future income growth
- Immediate cash flow and long-term upside
Listing Contacts
Listed by Exclusive House of Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,500.00
$1,875.00/mo
Valuation Metrics
0
DSCR
10.74%
Cap Rate
10.74%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Commercial District
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View all 32 uses
View all 32 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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