211 E North Street

Lansing, MI 48906 / Smiths

MLS ID# 255112 Active

$90,000



Description

The subject property represents an up/down duplex, located in Lansing near Old Town. The property is 100% occupied and features two 2-bedroom/1-bathroom apartment units. Electricity and gas utilities are separated. Each unit received a new furnace a... show more

Contract Info

  • Status Active
  • Street # 211
  • Street Direction E
  • Street Name North
  • Suffix Street
  • City Lansing
  • State MI
  • Zip Code 48906
  • Zip +4 4336
  • School District Lansing
  • Key Ibox
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision Smiths
  • Legal COM AT SE COR LOT 4 BLK 1 TURNER & SMITHS SUB, TH W 2 R, S 10 R, E 2 R, N 1 R, E 15 FT, N 140.25 FT, W 15 FT, N 8.25 FT TO BEG; ON LOT 2 BLK 1 TURNER & SMITHS SUB & SEC 9 T4N R2W
  • Directions North on Turner Street to North Street, then west on North Street to the subject property, located along the north line of parcels.

General Property Info

  • Building 1 Description Duplex
  • # of Units 2
  • Year Built 1895
  • Parking Total 5-6
  • Lot Dimensions 33x165
  • Lot Acres 0.17
  • ECO Friendly Features No

Tax Info

  • State Eq Value 24500
  • Taxes 2128
  • Tax Year 2020
  • Parcel # 33-01-01-09-207-051
  • Taxable Value 24500
  • Zoning Residential

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Annual Inc & Expense

    Gross Rent 15000 , Tax Expense 2290 , Miscellaneous 200 , Electricity 2519 , Total Expense 6200 , Less Fuel 547 , Insurance 844 , Net Income 8600
  • Unit 1

    Baths 1 , Monthly Income 750 , Expire Date 2021-08-01
  • Unit 2

    Baths 1 , Monthly Income 500
  • Unit Information

    Registered/Licenses 2020
  • Misc Business Info

    # Parking 5 , Construction Type Class ''D'' wood frame
  • Basement

    Michigan , Shared
  • Exterior

    Vinyl Siding
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Heating

    Central
  • Land & Acreage

    Up to 1/4 Acre
  • Terms

    Cash , Conventional


This listing was last updated on 2021-05-07T17:04:06Z