Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.
Listed By
Agency Name: Century 21 Affiliated
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 1,353.64 per month $1,286.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $67.08 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
821 N Chestnut Street | MLS# 294367
This multi-family property located at 821 N Chestnut Street, Lansing, MI 48906 is currently listed for sale with an asking price of $230,000. Search Lansing real estate on www.ikeyrealty.com today.