5904 Janet Street
Taylor, MI 48180
Multi Family · MLS # 20261082833 · Listing courtesy of Woodgate Realty
About this home
5904 Janet Street, Taylor — Exceptional turnkey 4-unit multifamily investment opportunity. Currently, two units are occupied and two units are vacant, allowing prospective buyers to view the size, layout, and condition of the units firsthand. This meticulously remodeled 11-bedroom, 8-bathroom property consists of four independent units, each offering a private entrance, dedicated kitchen with appliances, and full bathroom. Recent improvements include a new roof installed in 2023, complete interior remodeling with modern finishes, four individual water heaters, and four furnaces. Tenants are responsible for their own water, electricity, and heat, resulting in reduced ownership expenses. The seller reports strong tenant interest, with prospective tenants ready to move in. The property is well-suited for short-term rentals, extended stays, or multigenerational living. A well-maintained, income-producing asset positioned for strong cash flow in Taylor’s active rental market. Real estate agents must accompany their clients during showings. Schedule your visit today to see this inviting property in person! All information and measurements are estimated.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Taylor
Over the last 90 days, 168 homes sold in Taylor for a median of $193,500, about $138 per square foot, and the typical one went under contract in 10 days. This home is listed at $599,000, or $176 per square foot, 28% above the city median, and has been on the market 11 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Taylor sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $10,646 a year. A buyer who lives here would pay about $9,227 to $15,076 a year once the taxable value resets after the sale, at the 2025 homestead rate of 49.84 mills for Taylor City and Taylor schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Taylor
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