$140,000
$134,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4,791 Sqft Lot
SOLD DATE : 05/10/2024
Key Details
Sold Price $140,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 71024014343
Sold Date 05/10/24
Bedrooms 2
Originating Board West Michigan Lakeshore Association of REALTORS®
Year Built 1909
Annual Tax Amount $3,393
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 39.5 x 120
Property Description
This purpose-built side-by-side duplex is designed for investor profitability located just 5-minutes from Lansing College. Each unit boasts separate electrical and gas meters (paid by tenants), ensuring efficiency and ease of management. Both units have undergone recent upgrades in 2023 and 2024, including new carpeting, fresh paint, and hot water heaters. With a solid rental history and market rents of $1100+ per month per unit (a total of $2200 for both units), this duplex promises a steady stream of income. Unit 1101 is leased at $1000/month. Schedule a viewing now and seize the chance to own this lucrative duplex!
Location
State MI
County Ingham
Area Lansing
Direction i496 Block North on Pennsylvania East Block
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Pool No
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Crawl, Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Vinyl
Schools
School District Lansing
Others
Pets Allowed Yes
Tax ID 33010115378141
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Cody & Co.