$707,500
$750,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
12 Baths
7,360 SqFt
SOLD DATE : 10/09/2024
Key Details
Sold Price $707,500
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,360 sqft
Price per Sqft $96
MLS Listing ID 20240064731
Sold Date 10/09/24
Style Other
Bedrooms 12
Full Baths 12
Originating Board Realcomp II Ltd
Year Built 1968
Annual Tax Amount $20,595
Lot Size 12.000 Acres
Acres 12.0
Lot Dimensions 130x235
Property Description
This beautifully renovated property, updated in 2021, presents a fantastic investment opportunity. It features spacious balconies, 12 dedicated carport parking spaces, and an additional 12 visitor parking spots, ensuring both convenience and comfort. The location is ideal, close to parks, shopping, major freeways, and just five miles from Michigan State University. It’s also a short distance from Potter Park Zoo, Hawk Island Park, and the Michigan Princess Riverboat.
The building consists of 12 well-appointed two-bedroom units, each with room-sized air conditioners, modern ranges, and refrigerators. The lower level includes a community washroom. Don’t miss the chance to add this cash-flowing gem to your investment portfolio!
Location
State MI
County Ingham
Area Lansing
Zoning Commercial,Multi-Family
Direction See Above
Rooms
Basement Finished
Interior
Interior Features Cable Available, Laundry Facility
Hot Water Natural Gas
Heating Baseboard, Hot Water
Cooling Wall Unit(s)
Fireplace no
Heat Source Electric
Laundry 1
Exterior
Exterior Feature Lighting
Pool No
Waterfront no
Roof Type Built-Up
Porch Balcony
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Other
Level or Stories 3 Story
Structure Type Brick
Schools
School District Lansing
Others
Pets Allowed Yes
Tax ID 33010132101361
Ownership Short Sale - No,Private Owned
Assessment Amount $1,000
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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Bought with EXP Realty LLC
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