MLS#293204
STATUSActive Under Contract
PROPERTY TYPECommercial - Business
SUBDIVISIONPark Place
Property Description
5 unit investment property available in Lansing for under $45k per unit! These are all 1 bed, 1 bath units. The building has a new roof (2023) and commercial boiler (2022). Utilities are billed back to tenants using a ratio utility billing system (RUBS). The current mortgage on this property is assumable for qualified buyers and in the past, both commercial & conventional loans were available with some lenders. Sold as-is, buyer to verify all information.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Radiant
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,396
Year Built: 1905
Feature Descriptions
Appliances: Refrigerator, Range
Business Type: Residential
Days on Site: 72
Exterior: Vinyl Siding
Lot: Back Yard, City Lot
Lot Dimensions: 42x132
Parcel #: 33-01-01-21-377-131
Parking: On Site, Parking Lot
Sewer: Public Sewer
SQFT Total: 3448
Units: 5
Water: Public
Listed By / Shown By
Listed By
Agency Name: Home Towne Real Estate
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
1606 Coleman Avenue | MLS# 293204
This commercial property located at 1606 Coleman Avenue, Lansing, MI 48910 is currently listed for sale with an asking price of $214,900. Search Lansing real estate on www.ikeyrealty.com today.