5028-5034 W Michigan Avenue

Lansing, MI 48917 / None

MLS ID# 252429 Active

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$175,000

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

Description

Here's your next investment opportunity! Duplex is conveniently located on the west side, close to Waverly schools and shopping! Spacious 2-story units with 3 bedrooms/1.5 baths with newer furnace/AC and front windows. Each unit has a full basement and a shared 2-car garage! 5028 is currently vacant and was updated in 2019 with new flooring and fresh paint! This duplex won't last long! Schedule your showing today! Here's your next investment opportunity! Duplex is conveniently located on the west side, close to Waverly schools and shopping! Spacious 2-story units with 3 bedrooms/1.5 baths with newer furnace/AC and front windows. Each unit has a full basem... show more

Contract Info

• Status Active

Location & Legal Info

• Street # 5028-5034
• Street Direction W
• Street Name Michigan
• Suffix Avenue
• City Lansing
• State MI
• Zip Code 48917
• School District Waverly
• Key CBX
• TownshipTax Authority Delta Charter Twp
• County Eaton
• Subdivision None
• Legal LOT 7. DORNET VILLAGE NO 1, T4N, R3W, DELTA TWP
• Directions Waverly Rd to Michigan Ave West to duplex

General Property Info

• Building 1 Description Duplex
• # of Units 2
• Year Built 1973
• Parking Total 4
• Lot Dimensions 131x111
• Lot Acres 0.33

Tax Info

• State Eq Value 69300
• Taxes 3782
• Tax Year 2020
• Parcel # 040-047-300-070-00
• Taxable Value 64408
• Zoning Residential

Compensation Info

• Sub Agency Fee 0
• Broker Agency Fee 3

Details

• Annual Inc & Expense

  Gross Rent 24600 , Tax Expense 3782 , Maintenance 1312 , Insurance 1607 , Management 878

• Unit 1

  Unit 5028 , Baths 1.5 , Monthly Income 1100 , Finished SqFt 1176

• Unit 1 Appliances

  Dishwashers 1 , Disposal 1 , Microwaves 1 , Ovens 1 , Ranges 1 , Refrigerators 1

• Unit 2

  Unit 5034 , Baths 1.5 , Monthly Income 950 , Finished SqFt 1176

• Unit 2 Appliances

  Dishwashers 1 , Disposal 1 , Microwaves 1 , Ovens 1 , Ranges 1 , Refrigerators 1

• Misc Business Info

  # Parking 4 , Parking Surface Concrete , Roof Type Shingles

  Zoning

  Residential

• Basement

  Daylight , Full

• Exterior

  Aluminum Siding

• Sewer

  Public Sewer

• Roof

  Shingle

• Heating

  Forced Air , Forced Air - Gas , Natural Gas

• Water Heater

  Gas Natural

• Land & Acreage

  1/4+ thru 1/2 Acre

• Terms

  Cash , Conventional