525 Spartan Avenue

East Lansing, MI 48823 / Avondale

MLS ID# 247484 Active
Income

$225,800


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Description

What a great opportunity to own a class IV rental in downtown East Lansing in the quadrant within walking distance to downtown East Lansing. This home is licensed for 4 unrelated and the seller has great rental history that can be provided upon requ... show more

Contract Info

  • Status Active
  • Lease/List Price/SqFt 247.59
  • Street # 525
  • Street Name Spartan
  • Suffix Avenue
  • City East Lansing
  • State MI
  • Zip Code 48823
  • School District East Lansing
  • Key KBX
  • TownshipTax Authority East Lansing City
  • County Ingham
  • Subdivision Avondale
  • Legal LOT 182 ALSO E 1/2 OF VAC ALLEY AVONDALE
  • Directions HAGADORN & BURCHAM, WEST ON BURCHAM, SOUTH TO SPARTAN

General Property Info

  • Property Sub-Type Income
  • Building 1 Description STUDENT RENTAL
  • # of Units 1
  • Year Built 1964
  • Foundation Size 912
  • SqFt - Above Appx 912
  • Parking Total 4
  • Lot Dimensions 40 X 135
  • Lot Acres 0.12
  • ECO Friendly Features No

Tax Info

  • State Eq Value 81300
  • Taxes 5525.68
  • Tax Year 2019
  • Parcel # 33-20-02-18-218-011
  • Taxable Value 75248
  • Zoning Residential

Compensation Info

  • Sub Agency Fee 0
  • Broker Agency Fee 3

Details

  • Current Use

    Residence
  • Annual Income

    27840 , Repair Maintenance 20880 , Insurance 1000 , Tax Expense 5526
  • Unit 1

    Baths 2 , Monthly Income 580
  • Misc Business Info

    # Parking 4
  • Appliances

    Dishwasher , Disposal , Dryer , Exhaust Fan , Microwave , Oven , Range , Refrigerator , Washer
  • Basement

    Full , Partially Finished
  • Exterior

    Vinyl Siding
  • Driveway

    Concrete
  • Water

    Public
  • Sewer

    Public Sewer
  • Roof

    Shingle
  • Attached

    false , No Garage
  • Heating

    Forced Air - Gas
  • Water Heater

    Gas Natural
  • Land & Acreage

    Up to 1/4 Acre
  • Type

    Ranch
  • Terms

    Cash , Conventional , FHA , VA Loan
  • Showing

    Key Box

Documents

Local Information (click to view details)

Neighborhood noise levels

Map of this property's surrounding noise levels

Data provided by HowLoud




This listing was last updated on 2020-07-13T18:56:06Z