514 N Walnut Street, Lansing, MI 48933

$149,900
2
BA

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List Price
$149,900
Price Change
▼ $8,600 1779929766
Status
ACTIVE
MLS#
294234
Acres
0.32
Year Built
1894
Subdivision
Original of Lansing
Days on Market
15

Property Description

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

Additional Information

Exterior
Wood Siding, Rough Sawn
Basement
Full
School District
Lansing
Heating
Hot Water, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John Hagerty, Jr. (realtorjohnjames@gmail.com) from Listing Office: Five Star Real Estate - Lansing.


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