425/425.5 N Butler Boulevard, Lansing, MI 48915

$170,000
1
BA

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List Price
$170,000
Status
ACTIVE
MLS#
294801
Acres
0.11
Year Built
1912
Days on Market
69

Property Description

Buyer financing fell through! Solid investment property with long rental history. This two-story duplex has 1,701 finished square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor. New blinds and fresh paint in 2025. 2 sets of W/Ds in the basement. Shared driveway with 427 N Butler leads to a large parking lot in the rear. The upper unit is rented for $900 per month, the lower unit is rented for $800 per month, with leases through 12/31/26. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold individually or as a package (425, 427, and 433 N Butler Blvd). Start or expand your rental portfolio. The property holds a Section 8 certificate.

Additional Information

Exterior
Vinyl Siding
Basement
Full
School District
Lansing
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, FHA, VA Loan, MSHDA, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gary Naeyaert (gary@teamnaeyaert.com) from Listing Office: EXIT Realty Home Partners.


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