315 S Jackson Street Hanover, MI 49241
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Hanover Vlg
MLS Listing ID 26009926
Year Built 1964
Annual Tax Amount $7,550
Tax Year 2025
Lot Size 13.000 Acres
Acres 13.0
Lot Dimensions 601,333.6
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow.
In addition to the existing rental income, the property offers future upside potential with the 13 acres of land primed for development.
Wickman Apartments Portfolio represents a compelling investment opportunity for investors seeking both current cash flow and long-term growth potential.
6 parcels total. 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01, 000-17-28-126-014-01
Location
State MI
County Jackson
Direction Roundtree Rd to Seward St or State St to south on Dean St.
Rooms
Basement Crawl Space, Full, Partial, Slab
Interior
Heating Forced Air, Hot Water, Radiant
Cooling Central Air, Window Unit(s)
Laundry Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Exterior
Parking Features Aggregate, Driveway, Concrete
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition,Metal
Handicap Access Accessible Mn Flr Be, Lever Door Handles, No Step Entrance
Total Parking Spaces 24
Building
Lot Description Level, Sidewalk, Tillable, Wooded, Corner Lot
Sewer Septic Tank
Water Well
Structure Type Aluminum Siding,Block,Brick,Stone,Vinyl Siding
New Construction No
Schools
School District Hanover-Horton
Others
Tax ID 000-17-28-126-006-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS