213 Reading Avenue, Jonesville, MI 49250
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213 Reading Avenue, Jonesville, MI 49250
213 Reading Avenue, Jonesville, MI 49250
213 Reading Avenue, Jonesville, MI 49250
213 Reading Avenue, Jonesville, MI 49250
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Mark Brace

Mark Brace

+1(616) 447-7025
$ 499,000
Est. payment /mo
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213 Reading Avenue Jonesville, MI 49250

1.08 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Jonesville City

Subdivision Supervisors Plat 2

MLS Listing ID 26021894

Year Built 1900

Annual Tax Amount $15,100

Tax Year 2025

Lot Size 1.084 Acres

Acres 1.08

Lot Dimensions 145x345

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property 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.

Location

State MI

County Hillsdale

Direction BTW US-12 (W Chicago St) and M-99 (Olds St) west of Bowman Rd.

Rooms

Basement Crawl Space, Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Laundry In Unit, Other

Exterior

Parking Features Aggregate, Driveway

Utilities Available Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 22

Building

Lot Description Cul-De-Sac, Sidewalk, Corner Lot

Structure Type Vinyl Siding,Wood Siding

New Construction No

Schools

School District Jonesville

Others

Tax ID 21-105-001-028

Acceptable Financing Cash, Conventional, Tax Def Exchange

Listing Terms Cash, Conventional, Tax Def Exchange

Listed by Coldwell Banker Beiswanger Realty Group

NEARBY SCHOOLS & PROPERTIES

Mark Brace

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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