551 Cooper Street Jackson, MI 49201
Source MLS VerifiedListing Courtesy of: MichRic / Listed By: Curtis Watson, Coldwell Banker Beiswanger Realty Group

  551 Cooper Street Jackson, MI 49201

Active (0 Days)
$299,900 (USD)

Description

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.

MLS #:
26050747
Taxes
$5,970
Lot Size
6,534 SQFT
Type
Multifamily
Year Built
1900
County
Jackson County

Listed By

Curtis Watson, Coldwell Banker Beiswanger Realty Group
Source
MichRic
Last checked Sep 23 2026 at 10:28 PM GMT+0000
Bathroom Details
Lot Information
  • Corner Lot
Heating and Cooling
  • Forced Air
  • Hot Water
  • None
Basement Information
  • Full
Exterior Features
  • Aluminum Siding
Parking
  • Asphalt
  • Driveway
Location
   
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Disclaimer: Copyright 2026 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/23/26 15:28