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Listed by RE/MAX Real Estate Professionals
$163,000
Est. payment /mo
3,963 Sqft Lot
UPDATED:
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
Acres 0.09
Lot Dimensions 33x120
Source Greater Lansing Association of REALTORS®
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
Direction GPS
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Laundry In Unit, Laundry Room
Exterior
Parking Features Parking Lot
View Y/N No
Porch Front Porch
Total Parking Spaces 2
Building
Lot Size Range 0.09
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-16-104-111
Acceptable Financing Cash, Conventional, FHA, MSHDA, VA Loan
Listing Terms Cash, Conventional, FHA, MSHDA, VA Loan
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