551 Cooper Street, Jackson, MI 49201

Jackson
Local realty services provided by:Better Homes and Gardens Real Estate Connections
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:50 day(s) ago
  • Updated:November 12, 2026 at 07:03 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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