130 S Eighth Street

Lansing, MI 48912 / Green Oak

MLS ID# 254345 Active

$229,000


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Description

Fantastic Eastside 4 Plex -one block off Michigan Ave. Live in the building in unit 4, and let the tenants make your payment. Unit 3 expires over the summer and is the largest of the units. Unit 3 is 2nd and 3rd floors, offering the largest space, ... show more

Contract Info

  • Status Active
  • Street # 130
  • Street Direction S
  • Street Name Eighth
  • Suffix Street
  • City Lansing
  • State MI
  • Zip Code 48912
  • School District Lansing
  • Key CLO
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision Green Oak
  • Legal S 44 FT OF E 88 FT LOT 11 BLOCK 5 GREEN OAK ADD
  • Directions Michigan Ave to 8th S to Home

General Property Info

  • Building 1 Description 4 Plex
  • # of Units 4
  • Year Built 1905
  • Parking Total 5
  • Lot Dimensions 44x88
  • Lot Acres 0.09

Tax Info

  • State Eq Value 42700
  • Taxes 2889
  • Tax Year 2020
  • Parcel # 33-01-01-15-303-091
  • Taxable Value 31483
  • Zoning Residential

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Annual Inc & Expense

    Gross Rent 31380 , Tax Expense 2890 , Miscellaneous 850 , Total Expense 3740 , Net Income 27640
  • Unit 1

    Unit 1 , Baths 1.5 , Monthly Income 695 , Finished SqFt 800 , Expire Date 2021-08-02
  • Unit 1 Appliances

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

    Unit 2 , Baths 1 , Monthly Income 695 , Finished SqFt 600 , Expire Date 2021-07-01
  • Unit 2 Appliances

    Dryers 1 , Microwaves 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1
  • Unit 3

    Unit 3 , Baths 1 , Monthly Income 575 , Finished SqFt 400 , Expire Date 2021-07-01
  • Unit 3 Appliances

    Dryers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1
  • Unit 4

    Unit 4 , Baths 1 , Monthly Income 650 , Finished SqFt 600
  • Unit 4 Appliances

    Dryers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1 , Water Softeners 1
  • Unit Information

    Registered/Licenses 1 , # Deposits 3 , # Written Leases 3
  • Misc Business Info

    # Parking 5 , Overall Building Siz 2395 , Parking Surface blacktop , Roof Type asphalt shingle
  • Basement

    Bilco Door , Full , Shared
  • Exterior

    Aluminum Siding , Wood Siding
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Heating

    Forced Air , Natural Gas
  • Land & Acreage

    1/4+ thru 1/2 Acre
  • Terms

    Cash , Conventional

Documents



This listing was last updated on 2021-04-09T20:43:30Z