125 W Barnes Avenue
Lansing, MI 48910 / None
MLS ID# 259925 Closed
Closed $153,900
2
units
4
parking spaces
sqft
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...
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Location & Legal Info
- 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
- Living Area Source Assessor
- Parking Total 4
- Lot Size Dimensions 55x107.25
- Lot Acres 0.14
Tax Info
- State Eq Value 54600
- Eq Year 2020
- Taxes 3787.48
- Tax Year 2020
- Parcel # 01-01-21-381-001
- Taxable Value 46750
- Taxable Value Year 2020
- Zoning Residential
Compensation Info
- Buyer Agency Compensation 3.00%
- Sub Agency Compensation 0.00%
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 -
Water Source
Public -
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 -
Showing Requirements
24 Hour Notice, No Lockbox
This listing was last updated on 2022-05-05T18:09:24Z
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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