$499,000

213 Reading Avenue, Jonesville, MI 49250

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1.08acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Pending
Data Last Updated:
July 6, 2026 at 6:45PM
Listing Office:
Coldwell Banker Beiswanger Realty Group : 517-435-1500
Listing Agent:
Doug Beiswanger : 517-914-9555
MLS ID:
70531585
  • Heating: Forced Air
  • General: Vinyl SidingWood SidingBasementCrawl
  • Road/Access: City/County
  • Originating MLS: MiRealSource
  • School District: Jonesville Community Schools
  • County: Hillsdale
  • Zoning: N 16.5 FT OF LOT 21 ALSO LOT 22 EXC NLY 16.5 FT SUPERVISORS PLAT NO.2 SEC 4 T6S R3W CITY OF JONESVILLE
  • Source: MiRealSource

This listing courtesy of Doug Beiswanger , Coldwell Banker Beiswanger Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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