$ 247,000
616 W Genesee Street Lansing, MI 48933
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$ 247,000
Est. payment | /mo
0.41 Acres Lot
$ 247,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Lansing City
MLS Listing ID 24037832
Year Built 1885
Annual Tax Amount $7,275
Tax Year 2023
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 91x99
Property Description
Cash flowing a 4-unit, located close to downtown, the capital, and steps away from Ferris Park. Rents of $3500+ a month making this a great income generating opportunity or potential a house hack for an owner occupant. The building has one 2 bedroom unit and three one-bedroom units. Large basement clean with washer and dryer for tenants. Unit 1A has all new carpet and paint. Current owner has not had any issues getting these units rented in the past. This property also includes a vacant, buildable lot next door at 618 W. Genesee St. Don't miss out on this cash-flowing deal!
Location
State MI
County Ingham
Area Ingham County - 20
Direction WALNUT TO GENESEE
Rooms
Basement Full
Interior
Heating Steam
Cooling None
Fireplaces Number 1
Exterior
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected
Waterfront No
View Y/N No
Street Surface Paved
Total Parking Spaces 8
Building
Sewer Public Sewer
Structure Type Wood Siding
New Construction No
Schools
School District Lansing
Others
Tax ID 33-01-01-16-106-111
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams GR East