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Sold for $407,500
  • $407,500

    210 Morningside Dr, Leslie, MI 49251

    8beds
    4baths
    --sqft
    MultiFamily
    Built in 2017
    -- sqft lot
    $458,200 Zestimate®
    $--/sqft
    $1,618 Estimated rent

    Home value

    $458,200

    $431,000 - $490,000

    $1,618/mo

    Zestimate® history
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    Owner options

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    $1,618/mo

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    $1,618/mo

    Rent Zestimate®

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    $2,883/mo

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    $2,883/mo

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    What's special

    Welcome to an exceptional opportunity to own a newly built multi-unit building in a great private location. This property is ideal for investors seeking a high-demand rental property with minimal maintenance and significant value-add potential. Both buildings comprise 4 modern units, each equipped with top-tier amenities to ensure tenant satisfaction and longevity. Ample parking is available for tenants and guests, adding to the convenience. Each unit features A/C, granite countertops, hardwood floors, large bedrooms, coin-operated washers and dryers, and private decks. These amenities cater to the needs of long-term tenants, ensuring a high retention rate and low vacancies. The property is in high demand, with a waiting list of prospective tenants. Market analysis indicates that rents could be increased by up to 20%, offering substantial income growth potential. Currently half the rents are $980/month and the rest are $1,050/month. Tenants pay all utilities except for water which average $175 per quarter per building. Minutes from the highway, schools and shopping this is a great location for a long term investment.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Hall 517-712-8329,

    EXP Realty - Lansing

    Source: Greater Lansing AOR,MLS#: 281032MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, In Basement
    Features
    • Basement: Shared
    • Has fireplace: No
    Interior area
    • Finished area above ground: 3,360

    Property

    Parking
    • Total spaces: 10
    • Parking features: Additional Parking, Gravel, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Other
    Lot
    • Size: 0.56 Acres
    Details
    • Parcel number: 33171428179011
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Leslie

    Financial & listing details

    • Tax assessed value: $141,200
    • Date on market: 5/31/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/6/2024Sold$407,500-4.1%
    Source: Greater Lansing AOR #281032 Report a problem
    7/9/2024Pending sale$424,900
    Source: Greater Lansing AOR #281032 Report a problem
    6/26/2024Contingent$424,900
    Source: Greater Lansing AOR #281032 Report a problem
    5/31/2024Listed for sale$424,900
    Source: Greater Lansing AOR #281032 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 49251

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Leslie

    Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $458,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $458,200