Courtesy: Apex Appraisal Company LLC
517-487-0611
4-Unit Property income property. Each unit has one bedroom and one bath. Great location near University of Michigan Sparrow, Neogen and the Stadium District! Property interior has been updated. Landlord pays water, sewer and heat. Tenant pays electric. Property can be purchased together with 819 Vine St (5-unit - $359,900).
Here is an awesome Investment opportunity to purchase a great 2-unit income generating duplex in a great city of Lansing! All units occupied with long term Tenants. Both units have 3-bedroom 1.5-bathroom, huge backyards great for families. Quiet neighborhood with great neighbors. Units are Licensed Rentals with city of Lansing. Also can be sold as a package with 5724/5726 Orchard & 5750/5752 Orchard.
Courtesy: Real Estate One-Troy
Frank Jajou
248-709-6696
Here is an awesome Investment opportunity to purchase a great 2-unit income generating duplex in a great city of Lansing! All units occupied with long term Tenants. Both units have 3-bedroom 1.5-bathroom, huge backyards great for families. Quiet neighborhood with great neighbors. Units are Licensed Rentals with city of Lansing. Also can be sold as a package with 5724/5726 Orchard & 5750/5752 Orchard.
Courtesy: Coldwell Banker Professionals-Delta
517-321-1000
Great investment opportunity or convert this split style duplex back to single family, four bedroom and two full bathroom home. The duplex currently has two bedrooms and one full bathroom in each unit. Close to freeway, shopping, restaurants, and more. Schedule your showing today!
For sale ''As is'' knob and tube wiring needs to be replaced and price is a reflection of that needed upgrade. Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate portfolio. The property's prime location provides convenient access to local amenities, government offices, and vibrant downtown attractions, ensuring continued demand from tenants. With a little TLC and strategic updates, there's significant potential to increase property value and rental income, making this a smart investment for both seasoned investors and newcomers alike. This multi-family
Courtesy: Exit Great Lakes Realty
517-543-1202
Courtesy: Keller Williams Realty Lansing
517-853-1200
Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all! Investor: it’s currently in short term rental with current cap rate around 11 (3units renting out, 5yrs data consistently) with all four units rent out cap rate can go up to 14 (or higher to 17, a data point, if you would work for yourself, you may get 100% cash to cash returns, so you can buy another property after a year to building up your conglomerate). You can raise up capital by reducing the minimum night of staying to 1 night (owner required 2 nights minimum of staying), 1 night is too busy, owner doesn’t want it. Homeowner: it can switch to flex plan 3 units. The owner occupied 3 bed, 2 bath (2unit combined by just opening the door) with big attic for storage, and two units for renting out. You are staying for free with 2 units paying for the mortgage and never getting house loss when you would fall in hardship, or you may want to taking care of older and younger in family, or working at home, many possibilities. If you want to escape 9-5 jobs, it is simple enough jut working for yourself (staying in 1 unit and renting out 3 units) with your own schedule: a couple hours per day or per week, it depends on the length of the staying.
Courtesy: RE/MAX Real Estate Professionals
517-339-8255
This charming 2-unit duplex offers a fantastic opportunity for both investors and homeowners. Each unit features 2 spacious bedrooms, providing ample living space for tenants or family members. The property includes a full basement, perfect for storage or potential additional living space. Both units are currently on a month-to-month lease, offering flexibility for future plans. Located close to Sparrow Hospital and within a bike ride to MSU. Unit 309 Rents for $1,000 per month and Unit 311 Rents for $925 per month. Note: Seller is a licensed Real Estate Agent
Courtesy: EXIT Realty Home Partners
517-803-2345
Back on the market as buyer's financing fell through. Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor, 2 sets of W/D's. Shared driveway and a large rear parking lot. This could be an owner-occupied investment property or continue as a multi-family rental. Both units are vacant, and market rate rent is $750 per unit or $1,500 per month. City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property has Section 8 certificate.
Welcome to 4414 S Martin Luther King this 2-unit Property offers Main floor with a full kitchen, full bathroom and 3-4 bedrooms. There is a huge 2-3 car attached garage with the property. Huge backyard great for kids and pets. Lots of parking. Property has a new furnace, oversized water heater and new electric heat on the second floor apartment. Upstairs unit is also set up for a 2-unit rental with 1 bedroom live in one and make money from the other one. F-Commercial Zoning- has been used as 2 units but could be converted back to 1 unit.
Courtesy: EXIT Realty Home Partners
517-803-2345
Hard to find side by side duplex with 3 bedrooms, 1 1/2 baths with full basements! Plenty of storage in each unit with semi-private back yards. Right side has fresh paint, hardwood floors in the bedrooms with newer furnace and water heater along with a garage! Let this income help you with you mortgage payment! Close to the river, shopping and easy access to 496. Come make this your new home!
Lansing is located in Michigan. Lansing, Michigan has a population of 113,592. Lansing is less family-centric than the surrounding county with 22.65% of the households containing married families with children. The county average for households married with children is 28.45%.
The median household income in Lansing, Michigan is $46,570. The median household income for the surrounding county is $58,226 compared to the national median of $69,021. The median age of people living in Lansing is 32.8 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 33.1 inches per year, with 46.1 inches of snow per year.
