125 W Barnes Avenue

Lansing, MI 48910 / None

MLS ID# 259925 Active

$179,900



Description

Check out this amazing investment opportunity close to Reo Town, Downtown, LCC and the Capitol. A two unit completely redone in 2008 including roof, windows, siding, mechanicals and electrical as well as both interiors remodeled. All utilities a... show more
  • Status Active
    • Street # 125
    • Street Direction W
    • Street Name Barnes
    • Suffix Avenue
    • City Lansing
    • State MI
    • Zip Code 48910
    • School District Lansing
    • Key CMBO
    • TownshipTax Authority Lansing City
    • County Ingham
    • Subdivision None
    • Legal N 107.25 FT LOT 9 BLK 17 PARK PLACE
    • Directions W Barnes Avenue

    General Property Info

    • Building 1 Description 2 Story Residential
    • # of Units 2
    • Year Built 1910
    • Above Grade Finished Area 2752
    • Parking Total 4
    • Lot Size Dimensions 55x107.25
    • Lot Acres 0.14

    Tax Info

    • State Eq Value 54600
    • Taxes 3787.48
    • Tax Year 2020
    • Parcel # 01-01-21-381-001
    • Taxable Value 46750
    • Zoning Residential

    Details

    • Annual Inc & Expense

      Gross Rent 18000 , Tax Expense 3075 , Maintenance 3500 , Insurance 645 , Net Income 10780
    • Unit 1

      Unit 125 W Barnes , Baths 1.5 , Monthly Income 750
    • Unit 1 Appliances

      Disposal 1 , Dryers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1
    • Unit 2

      Unit 127 W. Barnes , Baths 1.5 , Monthly Income 750
    • Unit 2 Appliances

      Disposal 1 , Dryers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1
    • Laundry Features

      In Basement
    • Lot Features

      Corner Lot
    • Unit Information

      Registered/Licenses CR19-2134 , License/Register Exp 2022-11-01 , # Deposits 2 , # Written Leases 2
    • Basement

      Full
    • Exterior

      Vinyl Siding
    • Parking Features

      Alley Access , Basement , Gravel , No Garage
    • Electric

      100 Amp Service
    • Sewer

      Public Sewer
    • Window Features

      Double Pane Windows
    • Roof

      Shingle
    • Patio & Porch Features

      Front Porch
    • Road Frontage Type

      City Street
    • Road Surface Type

      Asphalt
    • Heating

      Forced Air , Natural Gas
    • Cooling

      None
    • Water Heater

      Electric Water Heater
    • Flooring

      Carpet , Laminate
    • Security Features

      Smoke Detector(s)
    • Utilities

      Cable Not Available , High Speed Internet Available
    • Land & Acreage

      Up to 1/4 Acre
    • Architectural Style

      Traditional
    • Levels

      Two
    • Terms

      Cash , Conventional


    This listing was last updated on 2021-10-19T20:11:22Z