3612 Malibu Drive, #2

Lansing, MI 48911 / Bradley

MLS ID# 254325 Active

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$159,900

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• Description
• Contract Info
• Location & Legal Info
• General Property Info
• Tax Info
• Compensation Info
• Details

Description

Welcome to 3612/3614 Malibu 2 unit income property on a quiet street in Lansing with the park one block away and vacant lot next door giving you plenty of outside space to enjoy. Each unit features 1,024 sqft, 2 bigger bedrooms, 1 bath, nice size living room and plenty of storage space. Both units are in good condition and well kept. This is an excellent opportunity to live in one unit and rent the other. Downstairs unit is month to month rent and the upstairs unit lease is through February 2022. With low interest rate you will live almost for free, since second unit will pay your mortgage. This property offers you a rare find as investment or residential. The pictures are from the time when units were vacant but both units are occupied at this moment. You will appreciate the time an Welcome to 3612/3614 Malibu 2 unit income property on a quiet street in Lansing with the park one block away and vacant lot next door giving you plenty of outside space to enjoy. Each unit features 1,024 sqft, 2 bigger bedrooms, 1 bath, nice size ... show more

Contract Info

• Status Active

Location & Legal Info

• Street # 3612
• Street Name Malibu
• Suffix Drive
• Unit # 2
• City Lansing
• State MI
• Zip Code 48911
• School District Lansing
• Key BKB
• TownshipTax Authority Lansing City
• County Ingham
• Subdivision Bradley
• Legal LOT 7 BRADLEY HILLS
• Directions East off Waverly to St

General Property Info

• Building 1 Description Multi-unit
• # of Units 2
• Year Built 1968
• Parking Total 4
• Lot Dimensions 60x122
• Lot Acres 0.17

Tax Info

• State Eq Value 50400
• Taxes 3786
• Tax Year 2019
• Parcel # 33-01-01-30-303-101
• Taxable Value 47383
• Zoning Residential

Compensation Info

• Sub Agency Fee 0
• Broker Agency Fee 3
• Other Fee 295
• Other Fee Type $

Details

• Unit 1

  Unit 1 , Baths 1 , Monthly Income 700 , Finished SqFt 1024

• Unit 1 Appliances

  Dishwashers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1

• Unit 2

  Unit 2 , Baths 1 , Monthly Income 750

• Unit 2 Appliances

  Dishwashers 1 , Ovens 1 , Ranges 1 , Refrigerators 1 , Washers 1

• Misc Business Info

  # Parking 4 , Parking Surface Gravel , Roof Type Shingles

  Zoning

  Residential

• Basement

  Apartment , Daylight , Full , Interior Entry

• Exterior

  Aluminum Siding , Brick

• Sewer

  Public Sewer

• Roof

  Shingle

• Heating

  Forced Air , Natural Gas

• Land & Acreage

  Up to 1/4 Acre

• Terms

  Cash , Conventional