Great Investment Opportunity! This fully-leased 3 unit is located within walking distance to Downtown Lansing and LCC. Unit 1 is a 2 bed/1 bath with laundry in the unit currently rented for $850. Unit 2 is a 1 bed/1 bath currently rented for $595. Unit 3 is an efficiency unit currently rented for $625. There are 4 parking spaces, great curb appeal with covered front and back porches, and gorgeous natural woodwork in the downstairs unit. Excellent opportunity to expand your portfolio and create cash flow potential for years to come! Seller pays utilities. In 2023 they totaled $4400.
5 property portfolio, fully rented, over $80,000 annual gross rent. This would make the perfect addition to any seasoned investors portfolio or a great way to get your foot in the door to a new portfolio. 8 units total this consists of a Tri plex (849 Baker), a duplex (614 Waverley), 2 single family homes (614 Waverley, 911 Princeton) and a commercial space (610 Waverley). Call today for further details.
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 48915 has a population of 113,592. Lansing 48915 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 48915 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 48915 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.