314 S Martin Luther King Jr Boulevard
Lansing, MI 48915

Description

Looking for some extra income? This great 4 unit income property located in Lansing features 4 nice size units with two bedrooms, a dining area and living room. Each unit is a little over 1,000 sq feet. The building has a coin washer and coin dryer on each side that is fully serviced by a laundry company. Centrally located near downtown with LCC, Cooley Law School and minutes away from MSU. Parking is behind the property with 12 spots. The Landlord pays for water/sewer, lawn/snow & trash. Each unit has their own electric and gas meter (for the water heater and furnace.) Currently 2 units are occupied, 2 are vacant however a new lease will start the week of 7/15/19. The property is a licensed rental and the registration is already paid with inspection early August 2019.

Details

MLS#238347
Sub-TypeResale
StatusActive
Year1910
Days On Site15

Features

SQ Feet4,128
Units4
Building(s)1

Loading Form

Loading Form

Area Information

StateMI
CountyIngham
CityLansing
Zip Code48915
AreaIngham
Listing VS Median (in 48915)
Price:
$189,900
low | high
Med:
$74,900
100% of Average
SqFt:
4,128
low | high
Med:
1,463
100% of Average
$ / SqFt:
$46
low | high
Med:
$53
35.224595513542% of Average
On Site:
15
low | high
Med:
57.500000
26.086956521739% of Average
Listing Updated: 07/22/2019
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Lansing Association of Realtors® MLS.