1219/1223 N Washington Avenue

Lansing, MI 48906 / None

MLS ID# 251293 Active
Income

$170,000


Map Layers

Description

Two beautiful brick buildings in Old Town that have 5 licensed rental units between the two buildings. All of the capital expenditures have been updated within the last 7-10 years! That includes the roofs, furnaces and hot water heaters. This is a g... show more

Contract Info

  • Status Active
  • Lease/List Price/SqFt 60.8
  • Street # 1219/1223
  • Street Direction N
  • Street Name Washington
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48906
  • School District Lansing
  • Key combo
  • TownshipTax Authority Lansing Twp
  • County Ingham
  • Subdivision None
  • Legal N 1/2 LOT 3 BLOCK 31 ORIG PLAT
  • Directions Turn Right off Julio Cesar Chavez onto N Washington Ave

General Property Info

  • Property Sub-Type Income
  • Building 1 Description Two Brick Buildings
  • # of Units 5
  • Year Built 1880
  • Foundation Size 1985
  • SqFt - Above Appx 2796
  • Lot Dimensions IRREG
  • Lot Acres 0.25

Tax Info

  • State Eq Value 65900
  • Taxes 5323
  • Tax Year 2019
  • Parcel # 33-01-01-09-328-111
  • Taxable Value 63413
  • Zoning Commercial

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Current Use

    Residence
  • Annual Inc & Expense

    Gross Rent 32940
  • Unit 1

    Unit 1 , Baths 1 , Monthly Income 740
  • Unit 2

    Unit 2 , Baths 1 , Monthly Income 575
  • Unit 3

    Unit 3 , Baths 1 , Monthly Income 490
  • Unit 4

    Unit 4 , Baths 1 , Monthly Income 475
  • Unit 5

    Unit 5 , Baths 1 , Monthly Income 465
  • Misc Business Info

    # Parking 8 , Parking Surface Blacktop , Roof Type Shingle
  • Appliances

    Disposal , Oven , Refrigerator , Water Softener
  • Basement

    Michigan
  • Exterior

    Brick
  • Driveway

    Blacktop , Stone
  • Water

    Public
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Garage

    2 Car

    Attached

    false , Concrete Floor
  • Heating

    Forced Air - Gas
  • Land & Acreage

    1/4+ thru 1/2 Acre
  • Type

    Two Story
  • Terms

    Cash , Conventional
  • Showing

    24 Hour Notice , Combo , Key Box , Sign on Property , Tenant , Showing Time


This listing was last updated on 2020-11-09T19:56:28Z