Cash flowing a 4-unit, located close to downtown, the capital, and steps away from Ferris Park. Rents of $3500+ a month making this a great income generating opportunity or potential a house hack for an owner occupant. The building has one 2 bedroom unit and three one-bedroom units. Large basement clean with washer and dryer for tenants. Unit 1A has all new carpet and paint. Current owner has not had any issues getting these units rented in the past. This property also includes a vacant, buildable lot next door at 618 W. Genesee St. Don't miss out on this cash-flowing deal!
The median home value in Lansing, MI is $88,500. This is lower than the county median home value of $125,200. The national median home value is $219,700. The average price of homes sold in Lansing, MI is $88,500. Approximately 44.38% of Lansing homes are owned, compared to 43.89% rented, while 11.73% 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 48933 has a population of 115,222. Lansing 48933 is less family-centric than the surrounding county with 23.6% of the households containing married families with children. The county average for households married with children is 28.2%.
The median household income in Lansing, Michigan 48933 is $38,642. The median household income for the surrounding county is $49,109 compared to the national median of $57,652. The median age of people living in Lansing 48933 is 32.3 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 33.3 inches per year, with 47 inches of snow per year.