Fully occupied duplex in Lansing offering immediate rental income and strong investment potential. The property is currently rented by a long term family who would love to remain, creating a stable income opportunity. Unit 1 rents for $825 per month and Unit 2 rents for $975 per month, for a total monthly income of $1,800 and annual gross income of $21,600. Each unit includes 1 bedroom, 1 full bathroom, a kitchen, and living space. The property also features a full basement with laundry and storage, off street parking, and a spacious yard. Conveniently located near downtown Lansing with easy access to shopping, dining, major employers, Lansing Community College, Michigan State University, and Capital Region International Airport. Ideal for investors or owner-occupants looking to offset... a mortgage with rental income.
143 days
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173
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8
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Zillow last checked:
Listing updated:
Listed by:
Senada Pargan517-505-3296,
Century 21 Affiliated517-887-0800
Source: Greater Lansing AOR,MLS#: 294277
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Included: Gas Water Heater
Laundry: In Basement
Features
Flooring: Tile, Wood
Windows: Double Pane Windows
Basement: Daylight,Full
Interior area
Finished area above ground: 1,462
Property
Parking
Total spaces: 4
Parking features: Circular Driveway
Has uncovered spaces: Yes
Features
Levels: Two
Stories: 2
Patio & porch: Front Porch, Rear Porch
Exterior features: Private Yard
Fencing: Back Yard,Partial
Frontage type: Other
Lot
Size: 0.38 Acres
Dimensions: 90.75 x 181
Features: Back Yard, Front Yard, Private
Details
Parcel number: 33010105404081
Zoning description: Zoning
Construction
Type & style
Home type: MultiFamily
Architectural style: Cape Cod
Property subtype: Duplex
Materials
Aluminum Siding
Roof: Shingle
Condition
Year built: 1924
Utilities & green energy
Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: High Speed Internet Available, Cable Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater Lansing AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.