2729 N Martin Luther King Jr Boulevard, Lansing, MI 48906

$136,000
3
BA

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List Price
$136,000
Price Change
▼ $7,950 1783472994
Status
ACTIVE
MLS#
294277
Acres
0.38
Year Built
1924
Days on Market
0

Property Description

Fully occupied duplex in Lansing offering immediate rental income and strong investment potential. The property is currently rented by a long term family who would love to remain, creating a stable income opportunity. Unit 1 rents for $825 per month and Unit 2 rents for $975 per month, for a total monthly income of $1,800 and annual gross income of $21,600. Each unit includes 1 bedroom, 1 full bathroom, a kitchen, and living space. The property also features a full basement with laundry and storage, off street parking, and a spacious yard. Conveniently located near downtown Lansing with easy access to shopping, dining, major employers, Lansing Community College, Michigan State University, and Capital Region International Airport. Ideal for investors or owner-occupants looking to offset... a mortgage with rental income.

Additional Information

Appliances
Gas Water Heater
Style
Cape Cod
Exterior
Aluminum Siding
Basement
Full, Daylight
School District
Lansing
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, FHA, VA Loan, MSHDA, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Senada Pargan (senada@c21affiliated.com) from Listing Office: Century 21 Affiliated.


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