1021 and 1023 N Walnut St, Lansing, MI 48906

Property Status: Available (Wholesale) | For Sale: $134,969.00


4 Bedrooms / 4 Baths / Multiple Family


Property Photos


*NEW* Turn-Key Lansing Multi-Family


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $134,969.00
Property Details:
4 Bedrooms / 4 Baths / Multiple Family
Property Style:
2-Story
Year Built:
1905
Finished Sq Ft:
2,000
Basement:
Partial Basement
Owner / Agent:
Wholesale
Property Features:
No Property Features Listed.
Contact Info
House Full of Cash
(734) 272-7004

View on Individual's Website
Fully-occupied 4-unit building on North Walnut in Lansing, about ten blocks north of the Capitol. Good neighborhood. Across street from Niowave Pharmaceutical Company. All one-bedroom units of approximately 500sf; however, the lower two do not have official separations for bedrooms, so they could technically be called large studios. Upper units are accessed through the back of the property and each has a balcony in the front off of the bedroom. Units rented at between $500 and $600 each. Three of the four units have been slightly updated in the last 5 years (last unit has long-term tenant). Single gas water heater and zoned forced air heater in good condition (paid by owner). Units separately metered for electric and cooking gas (two of the three units have gas stoves; the other two have electric). Needs a new roof soon and some trim and siding repair/replacement. Shared driveway with neighboring 4-unit leads to unpaved parking area in rear with adequate parking space for 4+ vehicles. Property is not accessible until offer is made.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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