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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 249,000

Est. payment -/mo

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Price Dropped by $2K

616 W Genesee Street Lansing, MI 48933

4 Beds

0.41 Acres Lot

UPDATED:

10/16/2024 06:50 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65024037832

Bedrooms 4

Originating Board Greater Regional Alliance of REALTORS�

Year Built 1885

Annual Tax Amount $7,275

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions 91x99

Property 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!

Location

State MI

County Ingham

Area Lansing

Zoning Residential

Direction WALNUT TO GENESEE

Interior

Heating Steam

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Pool No

Waterfront no

Road Frontage Paved

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Lansing

Others

Pets Allowed Yes

Tax ID 33010116106111

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Keller Williams GR East

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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