551 Cooper Street, Jackson, MI 49201
Local realty services provided by:ERA Reardon Realty Great Lakes
551 Cooper Street,Jackson, MI 49201
$299,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: curtis g watson, zachary watson
Office: coldwell banker beiswanger realty group
MLS#:26050747
Source:MI_MICHRIC
Price summary
- Price:$299,900
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:26050747
- Added:2 day(s) ago
- Updated:September 26, 2026 at 03:27 PM
Rooms and interior
- Basement:Yes
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Year built:1900
- Lot area:0.15 Acres
- Construction Materials:Aluminum Siding
Finances and disclosures
- Price:$299,900
- Tax amount:$5,970 (2026)
Parking
- Total parking spaces:6
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