NEW Turn-Key Lansing Multi-Family
4 BR, 4 BA
Fully-occupied building with 4 units on North Walnut in Lansing, about ten blocks north of the Capitol. Good neighborhood. Across street from Niowave chemical Company. All 1 bedrooms units of approximately 500sf; however, the lower two do not have official separations for bedrooms, so they could technically be called large studios. Upper units are accessed through the back of the property and each has a balcony in the front off of the bedroom. Units rented at between $500 and $600 each. three of the four units have been slightly updated in the last five years (last unit has long term tenant). Single gas h2o heater and zoned forced air heater in excellent condition (paid by owner). Units separately metered for electric and cooking gas (two of the three units have gas stoves; the other two have electric). Needs a new roof soon and some trim and siding repair/replacement. Shared driveway with neighboring building with 4 units leads to unpaved parking area in rear with adequate parking space for 4+ vehicles. Property is not accessible until offer is made.
Multi-Family Residences for Sale
2,000 sq. ft.
For sale by:
House Full Of Cash
September 19 on ListedBuy