1611 Todd Avenue

Lansing, MI 48910 / None

MLS ID# 260238 Active

$129,000



Description

What an outstanding investment opportunity. A great two unit rental that has passed the City of Lansing inspections and is a licensed rental. All utilities separate, including water which is quite rare. The upstairs is vacant and can be viewed at... show more
  • Status Active
    • Street # 1611
    • Street Name Todd
    • Suffix Avenue
    • City Lansing
    • State MI
    • Zip Code 48910
    • School District Lansing
    • Key CMBO
    • TownshipTax Authority Lansing City
    • County Ingham
    • Subdivision None
    • Legal S44' OF W 22' LOT 4&S44' LOTS BLK3 PARK PLACE
    • Directions Todd Avenue

    General Property Info

    • Building 1 Description 2 Story Residential
    • # of Units 2
    • Year Built 1917
    • Above Grade Finished Area 1570
    • Parking Total 3
    • Lot Size Dimensions 44x88
    • Lot Acres 0.09

    Tax Info

    • State Eq Value 35500
    • Taxes 2543.07
    • Tax Year 2020
    • Parcel # 33-01-01-21-377-011
    • Taxable Value 30281
    • Zoning Residential

    Details

    • Annual Inc & Expense

      Gross Rent 12000 , Tax Expense 2540 , Maintenance 3000 , Insurance 1040 , Net Income 5420
    • Unit 1

      Unit 1611 Todd , Baths 1 , Monthly Income 550
    • Unit 1 Appliances

      Ranges 1 , Washers 1
    • Unit 2

      Unit 1611 1/2 Todd , Baths 1
    • Unit 2 Appliances

      Ranges 1 , Refrigerators 1
    • Laundry Features

      None
    • Lot Features

      Corner Lot
    • Unit Information

      Registered/Licenses CR20-1392 , License/Register Exp 2023-08-01 , # Deposits 1
    • Basement

      Shared
    • Exterior

      Vinyl Siding
    • Parking Features

      Driveway
    • Sewer

      Public Sewer
    • Heating

      Forced Air
    • Cooling

      None
    • Flooring

      Varies
    • Land & Acreage

      Up to 1/4 Acre
    • Levels

      Two
    • Terms

      Cash , Conventional


    This listing was last updated on 2021-10-06T15:23:28Z