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Sold on 11/20/2017
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1803 E Ganson, Jackson, MI 49202

  • $124,000

    Last sold 11/20/2017 for $79K

  • —

    bed

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    bath

Multi-family not for sale
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About 1803 E Ganson

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Rental estimate
Property description
A SMART INVESTMENT! Very nice 3 unit, multi family home City Certified 2017. All units are fully rented for $650 each; $1,950 total per month. Two lower level; one upper level apt. All units have 1BR/1BA; all are nicely kept & well maintained by the same owner for last 12 years. Long term tenants in 2 apts. w/leases. 1 Main floor tenant is month to month; new owner could get lease signed or live in this unit & rent the other 2. New roof in 2017; newer water heater. Big basement, 2 car garage, covered back deck, 2 enclosed porches, 1 attached shed & large fenced in yard. 3+ parking spaces in addition to garage. Owner does not allow tenants to use the basement nor the garage. Garage can be used as large storage building by new owner or rented out. Financial income/expenses are provided on listing. Seller offering land contract terms to qualified Buyer with 30% down, 5 year balloon. Ask Agent for more details on land contract terms.
Listed by
Listing Agent - SHARON A HARRIS
Listing Agent Contact: (734) 395-3683
Listing Office - Key Realty One
Source: Realcomp mls logo
MLS#55021035030 • last updated 4 years ago
Movoto checked Realcomp for data 3 minutes ago
Exterior
Heating Forced Air, Space Heater
Construction Aluminum
Foundation Basement
Location
Subdivision East Add
APN 7116300000
Directions Corner Of N. Pleasant & E. Ganson
Multifamily Details
Gross Scheduled Income 23400
Operating Expense 13981
Net Operating Income 39166
Lot/ Land Details
Road Frontage Paved
$124K
Range: $74.4K-$173K
Last 30 days 
Rental est.: $763/month
Gross rent multiplier: 8.7 - Good
  • Dec 2017
    mls logo MLS # 55201704036
  • Dec 16, 2017 Sold
    $79,000
  • Nov 13, 2017 Listed
    $79,900
  • Dec 2017
    mls logo MLS # 55021035030
  • Dec 16, 2017 Sold
    $79,000 (-1.1%)
  • Nov 13, 2017 Listed
    $79,900
  • 1803 E Ganson
    $79K
  • East Jackson
    $159K +128% y/y
  • 49202
    $140K 0% y/y
  • Jackson
    $194K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
Northeast Elementary School
public Grades K-5
Jackson Public Schools
3/10
Middle School At Parkside
public Grades 6-8
Jackson Public Schools
5/10
Jackson High School
public Grades 9-12
Jackson Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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