1022 N Pennsylvania Avenue

Lansing, MI 48906 / Narmores Add

MLS ID# 277729 Active

$79,900

2 units
4 parking spaces
sqft


Description

Large Up and Down Duplex. Each Unit has 2 bedrooms and 1 Full Bath. Appliances Included. Fully Rented with Paying Tenants. Tenants Pay ALL Utilities. New Furnace Both Units.
  • Street # 1022
  • Street Direction N
  • Street Name Pennsylvania
  • Suffix Avenue
  • City Lansing
  • State MI
  • Zip Code 48906
  • Zip +4 5396
  • School District Lansing
  • Key CMBO
  • TownshipTax Authority Lansing City
  • County Ingham
  • Subdivision Narmores Add
  • Legal W 82.5 FT LOT 4 BLOCK 1 NARMORES ADD
  • Directions I496 to Pennsylvania Exit, N to House

General Property Info

  • Building 1 Description 1022 N Pennsylvania
  • # of Units 2
  • Year Built 1916
  • Above Grade Finished Area 1750
  • Living Area Source Assessor
  • Parking Total 4
  • Lot Size Dimensions 48x82.5
  • Lot Acres 0.09

Tax Info

  • State Eq Value 49200
  • Eq Year 2023
  • Taxes 3085
  • Tax Year 2022
  • Parcel # 33-01-01-10-329-001
  • Taxable Value 49200
  • Taxable Value Year 2023
  • Zoning Residential

Compensation Info

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

Details

  • Annual Inc & Expense

    Gross Rent:19800, Water/Sewer Expense:0, Tax Expense:4355, Electricity:0, Less Fuel:0, Insurance:900, Management:1980, Net Income:12565

  • Unit 1

    Unit:Down, Baths:1, Monthly Income:825, Finished SqFt:960

  • Unit 1 Appliances

    Ranges:1, Refrigerators:1

  • Unit 2

    Unit:Upstairs, Baths:1, Monthly Income:825, Finished SqFt:790

  • Unit 2 Appliances

    Ranges:1, Refrigerators:1

  • Laundry Features

    In Basement

  • Basement

    Concrete, Full

  • Exterior

    Vinyl Siding

  • Parking Features

    Concrete, Driveway

  • Water Source

    Public

  • Sewer

    Public Sewer

  • Heating

    Forced Air, Natural Gas

  • Cooling

    None

  • Land & Acreage

    Up to 1/4 Acre

  • Levels

    Two

  • Terms

    Cash, Conventional

  • Showing Requirements

    24 Hour Notice, Showing Service


This listing was last updated on 2024-04-01T12:57:32Z

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