617 N Walnut ST Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48933
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 286628
Year Built 1890
Tax Year 2024
Lot Size 3,963 Sqft
Property Description
This well-maintained duplex in the heart of Lansing offers an unbeatable location just minutes from Lansing Community College, the State Capitol, and downtown amenities. With easy access to W. Saginaw Hwy, commuting in and out of the city is a breeze and couldn't be more convenient. Featuring recent updates like a newer furnace and fresh interior finishes, this property is move-in ready. If you're looking to expand your investment portfolio this duplex delivers strong potential. The current tenant is on a month-to-month lease, providing flexibility for new ownership. The other unit is rented with a new tenant moving in March 21st. Which will create a projected annual rental income of $20,700, this is a fantastic opportunity to generate steady cash flow. This could be bought with the neighboring property, 621 N Walnut, to add to or create a very convenient rental portfolio. 48 hour notice minimum requirement to schedule a tour of the tenant-occupied unit. Don't miss your chance to own a prime multi-unit property in Lansing! Schedule your showing today.
Location
State MI
County Ingham
Interior
Heating Forced Air,Natural Gas
Cooling None
Laundry In Unit,Laundry Room
Exterior
Parking Features Parking Lot
View Y/N No
Building
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Acceptable Financing Cash,Conventional,FHA,MSHDA,VA Loan
Listing Terms Cash,Conventional,FHA,MSHDA,VA Loan