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821 N Chestnut Street, Lansing, MI 48906

$230,000
  • 821 N Chestnut Street, Lansing, MI 48906 Main Photo

14 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS MLS#294367
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOriginal of Lansing

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Hot Water, Natural Gas
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1875

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 1
Exterior: Vinyl Siding
Laundry: Common Area
Lot: Back Yard, Private
Lot Dimensions: 66x165
Parcel #: 33-01-01-09-360-171
Parking: Asphalt, Private
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: Century 21 Affiliated

Shown By

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

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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 Insurance

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