404 W Cesar E Chavez Avenue

Lansing, MI 48906 / None

MLS ID# 252418 Active Backup

$101,900


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Description

Now Available! A 3 Unit licensed rental property in close proximity to downtown Lansing. Students will love this prime location with access to LCC, Cooley Law School and Old Town. This multi-family investment opportunity is well-maintained and read... show more

Contract Info

  • Status Active Backup
  • Street # 404
  • Street Direction W
  • Street Name Cesar E Chavez
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48906
  • School District Lansing
  • Key CBX
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision None
  • Legal W56FT OF E GR S 52FT LOT 5 W 56 FT OF E 6 R LOT 6 BLOCK 28 ORIG PLAT
  • Directions Cesar Chavez & Walnut, W on Avenue Right 2nd property on N side of Avenue

General Property Info

  • Building 1 Description 3 Unit
  • # of Units 3
  • Year Built 1865
  • Parking Total 4+
  • Lot Dimensions 56x118
  • Lot Acres 0.15

Tax Info

  • State Eq Value 36700
  • Taxes 3124
  • Tax Year 2020
  • Parcel # 33-01-01-09-303-121
  • Taxable Value 35868
  • Zoning Residential

Compensation Info

  • Sub Agency Fee 3
  • Broker Agency Fee 3

Details

  • Annual Inc & Expense

    Gross Rent 1750
  • Unit 1

    Baths 1 , Monthly Income 700 , Finished SqFt 704
  • Unit 1 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit 2

    Baths 1 , Monthly Income 550 , Finished SqFt 600
  • Unit 2 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit 3

    Baths 1 , Monthly Income 500 , Finished SqFt 224
  • Unit 3 Appliances

    Ovens 1 , Ranges 1 , Refrigerators 1
  • Unit Information

    License/Register Exp 2021-05-01
  • Misc Business Info

    # Parking 4
  • Basement

    Full
  • Exterior

    Wood Siding
  • Sewer

    Public Sewer
  • Heating

    Forced Air , Forced Air - Gas , Natural Gas
  • Land & Acreage

    Up to 1/4 Acre
  • Terms

    Cash , Conventional

Documents



This listing was last updated on 2021-01-19T17:17:30Z