Two unit rental, off of Michigan Ave. Bottom tenant under lease until Jan 26, up tenant month to month. Utilities are pd by the property mgr and billed back 50/50 to the tenants. Neither tenant has access to the garage.
Attention investors, 320 S Pennsylvania, Lansing is ready for your hard work! This property is a rare find at this price/location. This is a three-unit rental property. There is the option to convert back to a spacious single-family home just blocks from the hospital, LCC, Bus routes, Capital, Downtown and more. This diamond in the rough offer's endless possibilities. This property is currently configured as a triplex with a common entrance for three separate units with beautiful original hardwood banister and closet. The first unit is on the main floor with 2 bedrooms and 4 seasons front room full of windows. There is a built-in buffet and tons of original hardwood floors, doors, trim and character. Second floor has 2 separate units both with1 bedroom, bathroom, and kitchen..... The house is heated with a boiler. With generous square footage, there's ample room to reimagine the layout to suit your needs. The home still holds its original charm, from vintage hardwood floors on the first floor to architectural details, all of which can be restored with some TLC. Whether you're an investor looking to capitalize on rental income or a homeowner with a vision, this property is your canvas. Bring your tools, your creativity, and make this space your own. Garage and parking out back. Don't miss out on this incredible opportunity, schedule a showing today! Utilities are not split. Property is sold as is, where is. Room sizes are estimates. The seller also owns 2 other duplexes right around the corner if buyer would like a bundle. They are both rented and licensed with the city of Lansing. Taxes are non homestead.
GREAT INVESTMENT OPPORTUNITY! Calling all Lansing area new or seasoned investors - 3X's the Income - This one is not to miss! This sought-after 3-unit provides Great Immediate Income. Rents total approximately $2,250 per month currently with potential room for growth. Separate utilities all currently paid by the tenants. Prime locattion near Lansings Stadium District, Downtown, Sparrow Hospital, MSU Campus and highways/bus routes. Conveniently located near downtown this three-unit rental offers newer vinyl siding, windows, flooring, paint, and roof. The lower unit has 2 bedrooms with the upper two being one bedroom each. All units are rented! All units have separate utilities, including water which is quite costly to do and very rare. All utilities are the responsibility of the tenant. Don't miss out on this money-making opportunity! This property is part of a multi-unit portfolio with diverse income potential. * 220 Smith: 4 UNIT- 3; 2; 1& 1BR * 131 S Hosmer: 3 UNIT- 2; 1 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL PROPERTY RENTS CURRENTLY TOTAL $10,043/MO. ALL units are already rented. Please allow at least 24 hours to schedule showings due to tenant notice. Financials available upon request.
Welcome to 917 E Kalamazoo! This 2-unit property is located blocks from Downtown Lansing, Sparrow hospital, The Capital, Campus and more. This property has a rental license with the City of Lansing. One unit is currently rented (lower unit; month to month $800/mo.) The 2nd floor unit is Vacant and will stay that way, so it is easy to show or in case there is an owner occupied buyer. The door to the left with the key box is the Vacant unit. Both units are open and spacious with 2 bedrooms, living room and eat in kitchens. They both have a foyer area for additional storage. Nice big covered front porch for relaxing. Great rental income. Square footage and room sizes are estimates. Utilities are Seperated. Property can be purchased as a package. Property can be purchased as a package with the duplex next door and a 3 unit adjacent on Pennsylvania Ave. Please email Listing Agent for details.
This fantastic 4-unit property is located in a highly sought-after area near Sparrow Hospital and Lansing Eastern, making it an excellent investment opportunity. The property features:1 spacious 3-bedroom unit, 2 well-appointed 1-bedroom units, 1 efficient studio unit, The building boasts a newer boiler, ensuring energy efficiency and low maintenance costs. With its desirable location and diverse mix of units, this property offers great potential for steady rental income. Add this property to your investment portfolio today! Call the listing agent to schedule your showing.Don't miss out on this opportunity!
Discover the perfect investment opportunity with this delightful duplex in a prime location! Enjoy 2 spacious bedrooms and a well-appointed bathroom, complete with convenient laundry facilities. The main floor is ideal for comfortable living, with a cozy layout that feels like home. The second floor boasts 3 additional bedrooms and a full bathroom, making it perfect for tenants or extended family. Outdoors, a functional shed offers extra storage for all your needs, while the backyard provides a private retreat for relaxation or entertaining. Live on the main level and generate rental income from the upper floor, making this duplex a smart choice for homeowners and investors alike. Don't miss your chance to own this versatile property in the heart of Lansing!
The median home value in Lansing, MI is $127,100. This is lower than the county median home value of $173,700. The national median home value is $338,100. The average price of homes sold in Lansing, MI is $127,100. Approximately 46.56% of Lansing homes are owned, compared to 43.25% rented, while 10.19% are vacant. Lansing real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lansing real estate agent to arrange a tour today!
Lansing, Michigan 48912 has a population of 113,592. Lansing 48912 is less family-centric than the surrounding county with 21.97% of the households containing married families with children. The county average for households married with children is 28.45%.
The median household income in Lansing, Michigan 48912 is $46,570. The median household income for the surrounding county is $58,226 compared to the national median of $69,021. The median age of people living in Lansing 48912 is 32.8 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 33.1 inches per year, with 46.1 inches of snow per year.