$65,000
Lansing, MI 48906
MLS# 23145293
3 beds | 1 baths | 864 sqft
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Property Description
Who do you know that is looking for rental property that is generating cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $1000/month. The roof was replaced in 2023, the furnace in 2020, and the water heater in 2017. This is a great rental at a great price, don't miss this opportunity!
Details
Maps
Location & Property Info
County: Ingham
Street #: 1109
Street Direction: E
Street Name: Oakland
Suffix: Avenue
State: MI
Zip Code: 48906
Zip (4): 5514
Cross Streets: E Oakland Ave & Johnson Ave
Property Sub-Type: Single Family Residence
Area: Outside MichRIC Area - Z
Municipality: Lansing City
Office/Contract Info
Status: Active
List Price: $65,000
List Price/SqFt: 75.23
Auction or For Sale: For Sale
Current Price: $65,000
Sub Agency: 3
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord: 3
Trans Coord Type: %
Listing Date: 2023-12-18
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Lot Dimensions: 44x132
Year Built: 1919
Road Frontage: 44
Income Property: Yes
Total Rooms AG: 7
Total Fin SqFt All Levels: 864
SqFt Above Grade: 864
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Main Level Primary: No
Main Level Laundry: Yes
Stories: 2
Design: Traditional
School District: Lansing
Waterfront: No
Tax Info
Tax ID #: 01-01-10-330-151
Taxable Value: 18968
SEV: 22800
For Tax Year: 2022
Annual Property Tax: 2155.88
Tax Year: 2022
Spec Assessment & Type: Unknown
Zoning: RES
Remarks & Misc
Directions: From W Saginaw, continue onto W Oakland Ave. Then take E Oakland Ave to property.
Legal: LOT 3 BLOCK 2 ORCHARD GROVE
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Level Square Feet: 432
Total Baths Above Grade: 1
Main Rooms
Main Full Baths: 1
Main Level SQFT: 432
Lower Rooms
Total Lower SQFT: 432
Manufactured
Manufactured Y/N: No
Garage
Garage: No
Property Features
Laundry Features: See Remarks
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Sewer: Public
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Terms Available: Cash; Conventional; Land Contract
Sale Conditions: None
Listing Office: Coldwell Banker Woodland Schmidt ART Office
Listing Agent: Derrek Sterken
Last Updated: April - 17 - 2024
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