611 N Pine Street

Lansing, MI 48933 / None

MLS ID# 261060 Active

$99,900

sqft


Description

Check out this long term money maker that is part of a large portfolio of rental homes being sold. The home is in great condition with newer vinyl siding and windows as well as 2 solid tenants. The home has passed a City of Lansing home inspection... show more
  • Status Active
    • Street # 611
    • Street Direction N
    • Street Name Pine
    • Suffix Street
    • City Lansing
    • State MI
    • Zip Code 48933
    • School District Lansing
    • Key CMBO
    • TownshipTax Authority Lansing City
    • County Ingham
    • Subdivision None
    • Owner Name C/O PMACHOMES
    • Legal N 1/2 LOT 3 BLOCK 59 ORIGINAL PLAT
    • Directions N PINE STREET

    General Property Info

    • Building 1 Description MULTI FAMILY UNIT
    • # of Units 2
    • Year Built 1897
    • Above Grade Finished Area 1762
    • Living Area Source Assessor
    • Parking Total 2
    • Lot Size Dimensions 33X165
    • Lot Acres 0.13

    Tax Info

    • State Eq Value 36200
    • Eq Year 2020
    • Taxes 2534.71
    • Tax Year 2020
    • Parcel # 33-01-01-16-102-111
    • Taxable Value 30171
    • Taxable Value Year 2020
    • Zoning Multi-Family

    Details

    • Annual Inc & Expense

      Gross Rent 13800 , Tax Expense 2535 , Maintenance 1600 , Insurance 445 , Net Income 9220
    • Unit 1

      Unit 611 N PINE , Baths 1 , Monthly Income 550 , Tenant Name FIELD
    • Unit 1 Appliances

      Ranges 1 , Refrigerators 1
    • Unit 2

      Unit 611 1/2 N PINE , Baths 1 , Tenant Name KELLY
    • Unit 2 Appliances

      Ranges 1 , Refrigerators 1
    • Laundry Features

      None
    • Lot Features

      City Lot
    • Basement

      None
    • Exterior

      Vinyl Siding
    • Parking Features

      Garage Spaces 2 , No Garage
    • Water Source

      Public
    • Sewer

      Public Sewer
    • Roof

      Shingle
    • Road Frontage Type

      City Street
    • Road Surface Type

      Asphalt
    • Heating

      Forced Air , Natural Gas
    • Cooling

      None
    • Land & Acreage

      Up to 1/4 Acre
    • Levels

      Two
    • Terms

      Cash , Conventional
    • Showing Requirements

      Showing Time


    This listing was last updated on 2021-11-10T16:11:07Z