213 Reading Avenue Jonesville, MI 49250
Source MLS VerifiedListing Courtesy of: MichRic / Coldwell Banker Beiswanger Realty Group / Douglas Beiswanger

  213 Reading Avenue Jonesville, MI 49250

Active
$499,000 (USD)
See Similar Listings

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.

MLS #:
26021894
Taxes
$15,100
Lot Size
1.08 acres
Type
Multifamily
Year Built
1900
County
Hillsdale County

Listed By

Douglas Beiswanger, Coldwell Banker Beiswanger Realty Group
Source
MichRic
Last checked May 13 2026 at 8:06 PM GMT+0000
Bathroom Details
Lot Information
  • Sidewalk
  • Cul-De-Sac
  • Corner Lot
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Basement Information
  • Crawl Space
  • Full
Exterior Features
  • Vinyl Siding
  • Wood Siding
Parking
  • Driveway
  • Aggregate
Location
Map View | Street View
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time
Powered by Walk Score®
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 5/13/26 13:06

Coldwell Banker - Beiswanger Realty Group

© 2026 Coldwell Banker Real Estate LLC

Terms Of Use | Privacy Policy

Accessibility Statement | Fair Housing Notice

© Coldwell Banker 2023 – 2025. All Rights Reserved. Coldwell Banker and the Coldwell Banker logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act.