609 S Pennsylvania Ave, Lansing, MI 48912

Buyer backed out due to financing after inspection and appraisal. Turn-key CASH FLOWing duplex in the heart of Lansing. Perfect for investors seeking reliable rental income or homeowners looking to offset their mortgage. Both units have been recently updated and are in excellent condition, ensuring minimal maintenance and maximum return. Main floor unit is 1 bed, 1 bath, partially finished basement which could be 2nd bedroom, attached garage and, is currently vacant. Market rent is $950/month. It boasts new vinyl flooring, fresh paint, lots of natural lighting, and a private entrance. The upstairs unit, has 2 beds, 1 bath, hardwood floors and tiled bath is rented for $900/month through 5/31/2025. Updates include new light fixtures, siding and roof. Both units share a screened-in porch, perfect for enjoying the outdoors in comfort. Tenants pay their own electricity, reducing landlord expenses, while the landlord covers water and gas. The property also features new vinyl siding and a complete tear-off roof installed in 2021, with fully aluminum-wrapped windows ensuring durability and low maintenance. Two attached one-car garages provide convenience and additional storage space. Located near restaurants, highways, and bus stops, this duplex offers easy access to daily essentials and a friendly neighborhood atmosphere. With a potential total rental income of $1,850/month and recent updates already completed, this turn-key duplex is an excellent investment opportunity. Licensed rental with the City of Lansing in 11/23 (Expires in 2026)!