528 W Lapeer Street

Lansing, MI 48933 / Original of Lansing

MLS ID# 247148 Closed

Closed $142,000

4 units
8 parking spaces
sqft


Description

Originally home to Lansing pioneer this income or residential income property sits on two lots and has four 1 bedroom 1 bathroom units. This home has more than 2500 sqft and includes a marble fire place, beautiful wood cut-outs, loft celling, a gard... show more
  • Street # 528
  • Street Direction W
  • Street Name Lapeer
  • Suffix Street
  • City Lansing
  • State MI
  • Zip Code 48933
  • Zip +4 1017
  • School District Lansing
  • Key 30
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision Original of Lansing
  • Legal W 120 FT LOT 5 & COM AT SW COR LOT 6, TH E 120 FT, N 16.5 FT, E 45 FT, N 9.5 FT W 165 FT, S 26 FT TO BEG; BLOCK 60 ORIG PLAT
  • Directions N.E. corner of the intersection of Pine and W Lapeer

General Property Info

  • Building 1 Description 2 Story
  • # of Units 4
  • Year Built 1874
  • Above Grade Finished Area 2608
  • Parking Total 8
  • Lot Size Dimensions 120x92
  • Lot Acres 0.52

Tax Info

  • State Eq Value 63900
  • Eq Year 2019
  • Taxes 4760
  • Tax Year 2019
  • Parcel # 33-01-01-16-103-041
  • Taxable Value 63900
  • Taxable Value Year 2019
  • Zoning Residential

Compensation Info

  • Buyer Agency Compensation 3.00%
  • Sub Agency Compensation 3.00%

Details

  • Annual Inc & Expense

    Gross Rent:28800, Water/Sewer Expense:4018, Tax Expense:4873.05, Electricity:2281, Maintenance:1000, Insurance:700, Net Income:16007.95

  • Unit 1

    Unit:1, Baths:1, Monthly Income:675, Finished SqFt:850

  • Unit 1 Appliances

    Dishwashers:1, Disposal:1, Ovens:1, Ranges:1, Refrigerators:1

  • Unit 2

    Unit:1, Baths:1, Monthly Income:575, Finished SqFt:500

  • Unit 2 Appliances

    Dishwashers:1, Disposal:1, Ovens:1, Ranges:1, Refrigerators:1

  • Unit 3

    Baths:1, Monthly Income:650, Finished SqFt:800

  • Unit 3 Appliances

    Dishwashers:1, Disposal:1, Ovens:1, Ranges:1, Refrigerators:1

  • Unit 4

    Unit:Unit 4, Baths:1, Monthly Income:500, Finished SqFt:450

  • Unit 4 Appliances

    Dishwashers:1, Disposal:1, Dryers:1, Ovens:1, Ranges:1, Refrigerators:1, Washers:1

  • Lot Features

    Underground Sprinklers

  • Misc Business Info

    # Parking:8

  • Basement

    Full, Michigan

  • Exterior

    Brick

  • Water Source

    Public

  • Sewer

    Public Sewer

  • Roof

    Shingle

  • Patio & Porch Features

    Covered

  • Heating

    Hot Water, Natural Gas

  • Water Heater

    Electric Water Heater

  • Land & Acreage

    Up to 1/4 Acre

  • Levels

    Two

  • Terms

    Cash, Conventional, FHA, VA Loan

  • Showing Requirements

    24 Hour Notice, Showing Time, Sign on Property


This listing was last updated on 2022-08-11T17:20:38Z

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.