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$230,000 USD
821 N Chestnut Street
Lansing, Michigan 48906
USA
Lansing, Michigan 48906
USA
Residential For Sale, Single Family Detached
Land size: 0.1 ha ::
0.25 acres
Sale price per sqm: 0
Remarks:
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.
Features:
- Year Built: 1875
- Exterior Description: Vinyl Siding
- Security Features: Smoke Detector
- Utilities: Municipal Water, Public Sewer
- Heating System: Hot Water
- Basement and Foundation: Crawl Space
- Roofing: Composition/shingle
Location:
821 N Chestnut Street, Lansing, Michigan 48906, USA
Listed By CENTURY 21 Affiliated
The Residential For Sale, Single Family Detached located at 821 N Chestnut Street, Lansing, Michigan 48906, USA is currently for sale. 821 N Chestnut Street, Lansing, Michigan 48906, USA is listed for $230,000 USD. If the property located at 821 N Chestnut Street, Lansing, Michigan 48906, USA isn't what you're looking for, search Michigan Real Estate to see other Homes For Sale in Lansing.
