1219 N Washington, Lansing, MI 48906

$149,900
3
BA

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List Price
$149,900
Status
ACTIVE UNDER CONTRACT
MLS#
296951
Acres
0.13
Year Built
1880
Subdivision
Original of Lansing
Days on Market
0

Property Description

Great investment opportunity with strong income potential in this 3 unit multifamily home located in the City of Lansing. The property features 3 total units: 2 units are 1 bedroom, 1 bath, and the 3rd unit is a studio, offering a versatile rental mix. Apartment A is a 1 bedroom renting for $1,001. Apartment B is a 1 bedroom renting for $900 and is currently vacant. Apartment C is a studio apartment renting for $850 and is also vacant. Great location close to area amenities, shopping, and transportation routes. Properties may be sold individually or together with 1223 N Washington, providing added portfolio flexibility. Tenant occupied. 48 hour notice required for all showings. Solid opportunity for investors seeking immediate rental income in a desirable rental market.

Additional Information

Exterior
Brick
Basement
Crawl Space, Michigan
School District
Lansing
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gary R. Newton (gary@minewtonrealtygroup.com) from Listing Office: RE/MAX Real Estate Professionals.


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