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514 N Walnut Street, Lansing, MI 48933

$158,500
  • 514 N Walnut Street, Lansing, MI 48933 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#294234
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOriginal of Lansing

Property Description

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

514 N Walnut Street | MLS# 294234

This multi-family property located at 514 N Walnut Street, Lansing, MI 48933 is currently listed for sale with an asking price of $158,500. Search Lansing real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Hot Water, Natural Gas
Lot Size: 0.32 Acres
Stories: 2.0
Year Built: 1894

Feature Descriptions

Days on Site: 6
Exterior: Rough Sawn, Wood Siding
Laundry: In Basement, See Remarks
Lot: City Lot
Lot Dimensions: 66x104
Parcel #: 33-01-01-16-129-052
Parking: Concrete, Parking Lot
Road Frontage: City Street
Sewer: Public Sewer
Units: 2
Water: Public

Listed By / Shown By

Listed By

Agency Name: Five Star Real Estate - Lansing

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 932.83 per month $886.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $46.23 Homeowner's Insurance

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