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!
Property Type
MultifamilyCounty
InghamStyle
MultifamilyAD ID
46430610
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Property Details
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Interior Features
Heating & Cooling
- Heating: Steam
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1885
- Total Units: 4
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.41
- Dimensions: 91x99
Property Information
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $265,000
Listing Information
- Possession: At Close
- Legal Description: Legal for 616 W Genesee St: W 4.5 FT LOT 6 & E 2 R LOTS 7 & 8 BLOCK 74 ORIG PLAT*This sale also includes the lot next door which is buildable:618 W Genesee Street, Lansing, MI 48933PIN:01-01-16-106-101Legal Description: W 53.5 FT OF E 86.5 LOT 7 & S 1 R OF W 49.5 FT OF E 82.5 FT LOT 8 BLOCK 74 ORIG PLAT
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Taxes / Assessments
Tax Information
- Annual Tax: $7,276
- Parcel Number: 33010116106111
Possession
- At Close
Legal Information
- Legal Description: Section: Legal for 616 W Genesee St: W 4.5 FT LOT 6 & E 2 R LOTS 7 & 8 BLOCK 74 ORIG PLAT*This sale also includes the lot next door which is buildable:618 W Genesee Street, Lansing, MI 48933PIN:01-01-16-106-101Legal Description: W 53.5 FT OF E 86.5 LOT 7 & S 1 R OF W 49.5 FT OF E 82.5 FT LOT 8 BLOCK 74 ORIG PLAT
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 8
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 3
Unit 2 Information
- # of Bedrooms: 1
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School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 10/18/2024 @ 01:37
- MLS: 610852735
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 5 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lansing , in zip code 48933, this Ingham County Multifamily and are nearby neighborhoods.