1063 Marigold Avenue

East Lansing, MI 48823 / Lilac Lawn

MLS ID# 247789 Active
Income

$1,500,000


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Description

Investment Opportunity - Property to be sold as PACKAGE SALE ONLY at $1,500,000.00 including 1008 W. Grand River, 906 Michigan, 1224 Snyder, 1536 Snyder and 1063 Marigold. 5 homes with 21 licenses in prime location near MSU. All properties are licen... show more

Contract Info

  • Status Active
  • Lease/List Price/SqFt 801.28
  • Street # 1063
  • Street Name Marigold
  • Suffix Avenue
  • City East Lansing
  • State MI
  • Zip Code 48823
  • School District East Lansing
  • Key CLA
  • TownshipTax Authority East Lansing City
  • County Ingham
  • Subdivision Lilac Lawn
  • Legal LEGAL FOR 1063 MARIGOLD-LOT 21 LILAC LAWN FARM, 68 LEGAL FOR 1008 W. GRAND RIVER-LOT 374 CHESTERFIELD HILLS NO. 3 LEGAL FOR 906 MICHIGAN AVE:LOT 68 CHESTERFIELD HILLS NO. 1 LEGAL FOR 1224 SNYDER ROAD: LOT 192 7 193 EXC E 72.5 FT ALSO E 1/2 OF VAC ALLEY AVONDALE LEGAL FOR 1536 SNYDER ROAD: LOT 183 GRANDVIEW NO.1
  • Directions 1063 MARIGOLD: HARRISON & KALAMAZOO, S 1008 W. GRAND RIVER: HARRISON & GRAND RIVER, W 1224 SNYDER ROAD: GRAND RIVER & GUNSON, N 906 E. MICHIGAN AVE: HARRISON & MICHIGAN, W 1536 SNYDER ROAD:HAGADORN & BURCHAM, S

General Property Info

  • Property Sub-Type Income
  • Building 1 Description 5 EAST LANSING RESIDENTIAL RENTALS
  • Building 2 Description LEASE TERMS 12 MONTHS
  • # of Units 5
  • Year Built 1922
  • Foundation Size 924
  • SqFt - Above Appx 1872
  • Baths 10
  • Stories 2
  • Parking Total 5
  • Lot Dimensions 66X165
  • Lot Acres 0.25

Tax Info

  • State Eq Value 109800
  • Taxes 7781
  • Tax Year 2020
  • Parcel # 33-20-01-24-103-003
  • Taxable Value 105162
  • Zoning Residential

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Current Use

    Residence
  • Unit 1

    Unit 1063 MARIGOLD , Baths 2 , Monthly Income 2600 , Finished SqFt 1872
  • Unit 2

    Unit 906 MICHIGAN , Baths 1.5 , Monthly Income 2200 , Finished SqFt 1440
  • Unit 3

    Unit 1008 W GRAND RIVER , Baths 2 , Monthly Income 1900 , Finished SqFt 1040
  • Unit 4

    Unit 1224 SNYDER , Baths 2 , Monthly Income 1620 , Finished SqFt 1321
  • Unit 5

    Unit 1536 SNYDER , Baths 2 , Monthly Income 1700 , Finished SqFt 1092
  • Unit Information

    Registered/Licenses for (Unrelated Occupants) 21 , # Written Leases 21
  • Misc Business Info

    # Parking 4
  • Appliances

    Dryer , Oven , Range , Refrigerator , Washer
  • Basement

    Daylight Windows , Egress Windows , Finished , Full , No Basement , Partially Finished , Slab
  • Exterior

    Aluminum Siding , Block
  • Driveway

    Blacktop , Gravel , Private
  • Water

    Public
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Extras

    Smoke Alarm
  • Garage

    1 Car , 2 Car

    Attached

    false , No Garage
  • Heating

    Forced Air - Gas
  • Water Heater

    Gas Natural
  • Improvements

    Deck
  • Land & Acreage

    Up to 1/4 Acre
  • Type

    Ranch , Two Story
  • Terms

    Cash , Conventional
  • Showing

    24 Hour Notice , Call List Office , Sign on Property , Tenant

Documents

Local Information (click to view details)

Neighborhood noise levels

Map of this property's surrounding noise levels

Data provided by HowLoud




This listing was last updated on 2020-07-16T20:35:59Z