628 N Magnolia Avenue, Lansing, MI 48912

$415,000

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Sold Price
$415,000
List Price
$429,800
Closing Date
Nov 10, 2025
Status
CLOSED
MLS#
290316
Acres
0.10
Year Built
1956
Days on Market
0

Property Description

Unlock a Rare Investment Opportunity: Premier 4-Property Portfolio Presenting a compelling opportunity for discerning investors—this curated portfolio of four single-family homes blends recent renovations, strong rental performance, and long-term value appreciation. Whether you're a seasoned investor seeking to expand your holdings or entering the market with strategic intent, this portfolio offers both stability and upside. Included Properties: 628 N Magnolia - Now Available Recently revitalized (Fall 2024), this charming residence showcases: A fully refinished bathroom Stylish new vinyl flooring in kitchen and bath Upgraded kitchen with new counters and appliances Refinished hardwood floors throughout All-new lighting and fresh interior paint Full tear off and reroof Spring 2025 Fenced in Yard Currently leased, offering stable rental income. 3828 Burchfield - Income-Producing Extensively renovated in 2020-2021 with robust infrastructure updates: Full tear-off and new roofing on both home and garage Fall 2021 New main supply line to the street Complete PVC and PEX plumbing overhaul Refaced kitchen cabinetry, new counters and appliances Durable luxury vinyl plank flooring throughout Fresh interior paint Corner fenced in lot 2 car detached garage Currently leased, offering stable rental income. 6220 Cooper - Income-Producing Interior renovations completed in 2020, with additional capital improvements in 2023: Modern paint palette throughout Luxury vinyl plank flooring in the living areas Full tear-off and brand-new roof in 2023 Large Fenced in Yard Two additional sheds included to allow ample storage. Well-maintained and tenant-occupied, providing consistent returns. 607 N Foster - Income-Producing A spacious and upgraded property with extensive 2020-2021 renovations: Newer furnace and water heater Expanded second-floor living area with integrated HVAC New carpet, drywall, and interior paint Upgraded kitchen appliances Updated main-level finishes Detached 1 car Garage Fully rented and generating immediate cash flow. Investment Highlights: 100% Leased: Fully occupied, generating immediate income Capital Improvements: Each home has undergone thoughtful upgrades, reducing future maintenance concerns Turnkey Opportunity: Ideal for hands-off investors or those seeking growth in a stable market Seize this opportunity to own a well-maintained, income-generating portfolio with long-term appreciation potential. Contact us today for details and to schedule a private portfolio review. Buyer and buyer's agent to verify all information and square footage. Seller is a licensed real estate agent/broker in the state of Michigan

Additional Information

Amenities
None
Style
Ranch, Bungalow
Exterior
Vinyl Siding
Basement
Full
Garage Description
Driveway
School District
Lansing
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Rob Buffington (wpsiroffers@homeseekers.net) from Listing Office: White Pine Sotheby's International Realty.

Listing courtesy of Rob Buffington from White Pine Sotheby's International Realty


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