829 E Shiawassee Street, Lansing, MI 48912
sale
$1,250,000
|
Other
Courtesy Of Apex Appraisal Company LLC
724 Abbott Road, East Lansing, MI
An exceptional opportunity to own two small multifamily properties in a prime Lansing location. Conveniently located near University of Michigan Health-Sparrow Hospital, Neogen, and the Stadium District, this offering is well positioned for consistent rental demand. Current rents are below market, providing significant upside potential and an opportunity to increase cash flow. The properties are contiguous along the north side of E Shiawassee St. 821 - 8 units, new high eff boiler, Landlord pays: Heat, water, trash. 829 - 13 units, new high eff boiler, Landlord pays: Heat, water, trash.
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Property Features
- Age: Over 50 Years Old
- Building Units: 21
- Cooling System: Window Unit(s)
- Exterior Type: Brick
- Floors: 2
- Heating System: Hot Water(Heating)
- MLSID: 293356
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