425/425.5 N Butler BLVD Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48915
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 286119
Style Traditional
Year Built 1912
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Current tenant is occupying both units and paying $1,400 per month on a lease through 12/31/25. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.
Location
State MI
County Ingham
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Carpet,Laminate,Linoleum
Laundry In Basement,See Remarks
Exterior
Parking Features Additional Parking,No Garage,On Site,Parking Lot
Waterfront Description false
View Y/N No
Roof Type Shingle
Building
Lot Description Back Yard
Foundation Block
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Acceptable Financing Cash,Conventional,FHA,Contract,MSHDA,VA Loan
Listing Terms Cash,Conventional,FHA,Contract,MSHDA,VA Loan