4215 Glenwood Avenue

Lansing, MI 48911 / Maple Hill

MLS ID# 253577 Active
Commercial Sale

$269,900


Map Layers

Description

Great investment opportunity in Lansing! 4 1-bedroom apartments & 2 efficiency apartments. Gross monthly rents are $3,475. Owner pays all utilities. Coin-op laundry located on site. Some tenants pay electric. Electric meters are located in ... show more

Contract Info

  • Status Active
  • Lease/List Price/SqFt 85.2
  • Street # 4215
  • Street Name Glenwood
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48911
  • School District Lansing
  • Key CBX
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision Maple Hill
  • Legal LOT 532 MAPLE HILL
  • Directions Pennsylvania South to Cavanaugh West to Glenwood

General Property Info

  • Property Sub-Type Commercial Sale
  • Building 1 Description 6-Unit apt bldg
  • # of Units 6
  • Year Built 1956
  • Foundation Size 1584
  • Baths 6
  • Lavs 6
  • Stories 2
  • Parking Total 6
  • Lot Dimensions 54 X 105
  • Lot Acres 0.25
  • Air Conditioning Type { "Window Unit(s)" : true }

Tax Info

  • State Eq Value 84400
  • Taxes 5331
  • Tax Year 2020
  • Parcel # 33-01-01-34-156-071
  • Taxable Value 69137
  • Zoning Commercial

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Current Use

    Residence
  • Annual Income

    41700 , Utilities 7330 , Repair Maintenance 1923 , Tax Expense 5331
  • Maintenance

    0

    Insurance

    1244
  • Lessor Expenses

    A/C Expense Yes , Electric Expense Yes , Heat Expense Yes , Insurance Yes , Trash Removal Yes , Water Expense Yes
  • Misc Business Info

    # Parking 6
  • Appliances

    Oven , Range , Refrigerator
  • Basement

    Full , Partially Finished
  • Sewer

    Public Sewer
  • Attached

    false
  • Heating

    Forced Air
  • Land & Acreage

    Up to 1/4 Acre
  • Terms

    Cash , Conventional


This listing was last updated on 2021-03-21T21:14:06Z