208 E Mt Hope Avenue

Lansing, MI 48910 / None

MLS ID# 245710 Active

$140,000


Map Layers

Description

Great multi-use investment property in prime location! Office and residential use. Currently unit 4 is vacant and is available for scheduled showings. #1 - $450/mo. Lease end date: 8/31/2020 #2 - $670/mo. Month-to-month lease #3 - $495/mo. Lease... show more

Contract Info

  • Status Active
  • Street # 208
  • Street Direction E
  • Street Name Mt Hope
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48910
  • School District Lansing
  • Key C/L
  • Township/Tax Authority Lansing City
  • County Ingham
  • Subdivision None
  • Legal W 100 FT OF S 162 FT OF N 172 FT LOT 5 ASSESSORS PLAT NO 46
  • Directions Cedar St and Mt. Hope E to property

General Property Info

  • Building 1 Description Two story
  • # of Units 4
  • Year Built 1896
  • SqFt - Above Appx 5536
  • Parking Total 8
  • Lot Dimensions Undif
  • Lot Acres 0.37
  • ECO Friendly Features No

Tax Info

  • State Eq Value 73400
  • Taxes 4193
  • Tax Year 2019
  • Parcel # 33-01-01-28-202-461
  • Taxable Value 73400
  • Zoning Commercial

Compensation Info

  • Sub Agency Fee 0
  • Sub Agency Fee Type $
  • Variable Rate No
  • Broker Agency Fee 3
  • Broker Agency Fee Type %
  • Other Fee 450

Details

  • Annual Inc & Expense

    Gross Rent 27720 , Tax Expense 4206
  • Unit 1

    Monthly Income 450 , Expire Date 2020-08-31
  • Unit 2

    Monthly Income 670
  • Unit 3

    Monthly Income 495 , Expire Date 2020-09-30
  • Unit 4

    Monthly Income 695
  • Unit Information

    # Deposits 3 , # Written Leases 3
  • Misc Business Info

    # Parking 8 , Construction Type Two Story , Overall Building Siz 5536 , Parking Surface Blacktop , Roof Type Shingle
  • Basement

    Michigan
  • Exterior

    Vinyl Siding , Wood Siding
  • Driveway

    Blacktop
  • Water

    Public
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Garage

    No Garage
  • Heating

    Other Heating
  • Water Heater

    Electric
  • Land & Acreage

    1/2+ thru 1 Acre
  • Type

    Two Story
  • Terms

    Cash , Conventional
  • Showing

    Tenant , Showing Time

Local Information (click to view details)

Neighborhood noise levels

Map of this property's surrounding noise levels

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This listing was last updated on 2020-05-06T19:48:08Z