819 Vine ST new Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48912
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Assrs 22 - Lansing
MLS Listing ID 290277
Year Built 1918
Annual Tax Amount $7,034
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Multi Family
Property Description
5 Unit Property with a studio unit in the basement. Each unit has one bedroom and one bath. Great location near University of Michigan Sparrow, Neogen and the Stadium District! Property interior has been completely renovated. New high efficiency boiler and water heater as well! Landlord pays water, sewer and heat. Tenant pays electric. Current rents at the low end of the market, with a potential income of $5,000+/month and recent updates completed, this turn-key property is a prime investment opportunity with room to add a 6th unit! (Properties can be purchased together: 819 & 833 Vine St)
Location
State MI
County Ingham
Community Assrs 22 - Lansing
Interior
Heating Baseboard,Hot Water
Cooling None
Flooring Vinyl
Laundry Common Area,In Basement
Exterior
Parking Features Asphalt,Parking Lot
View Y/N No
Building
Lot Description Near Public Transit,Corner Lot
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Acceptable Financing Cash,Conventional,Seller Assist
Listing Terms Cash,Conventional,Seller Assist