2729 N Martin Luther King Jr Boulevard

Lansing, MI 48906 / None

MLS ID# 264809 Active

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$95,000

2 units

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

Description

Great income opportunity that could easily be transformed into a 3-bedroom single-family home. Each unit has 1-bedroom, kitchen, full bath, and dining space. Lower-level unit is slightly larger and has access to the basement with laundry hookup, some finished area and plenty of storage. Tenants are on a month-to-month lease, both would love to remain as renters and licensed as a rental through August 2022. Great location close to downtown, LCC, MSU, hospitals and freeways. Large back yard with circular driveway and garage. Plenty of space to entertain and lots of parking. Easy to show and seller is motivated. Great income opportunity that could easily be transformed into a 3-bedroom single-family home. Each unit has 1-bedroom, kitchen, full bath, and dining space. Lower-level unit is slightly larger and has access to the basement with laundry hookup, s... show more

Location & Legal Info

• Street # 2729
• Street Direction N
• Street Name Martin Luther King Jr
• Suffix Boulevard
• City Lansing
• State MI
• Zip Code 48906
• Zip +4 2979
• School District Lansing
• Key combo
• TownshipTax Authority Lansing City
• County Ingham
• Subdivision None
• Legal LOT 9 SUPERVISORS PLAT OF DEIHM FARMS
• Directions Grand River to Martin Luther King

General Property Info

• Building 1 Description 2 story
• # of Units 2
• Year Built 1924
• Above Grade Finished Area 1462
• Living Area Source Estimated
• Parking Total 4
• Lot Size Dimensions 90.75x181
• Lot Acres 0.38

Tax Info

• State Eq Value 39600
• Eq Year 2021
• Taxes 2322.22
• Tax Year 2019
• Parcel # 33-01-01-05-404-081
• Taxable Value 28321
• Taxable Value Year 2021
• Zoning Residential

Compensation Info

• Buyer Agency Compensation 3.00%
• Sub Agency Compensation 0.00%

Details

• Annual Inc & Expense

  Gross Rent:1424

• Unit 1

  Baths:1, Monthly Income:750

• Unit 2

  Baths:1, Monthly Income:675

• Laundry Features

  In Basement

• Lot Features

  Back Yard, Front Yard, Many Trees

• Unit Information

  Registered/Licenses:city of Lansing, # Deposits:1425

• Misc Business Info

  # Parking:4, Roof Type:shingle

• Basement

  Daylight, Full

• Exterior

  Aluminum Siding

• Exterior Features

  Garden

• Parking Features

  Circular Driveway, Detached, Garage

• Fencing

  Back Yard, Partial

• Electric

  100 Amp Service

• Water Source

  Public

• Sewer

  Public Sewer

• Window Features

  Double Pane Windows

• Roof

  Shingle

• Patio & Porch Features

  Front Porch

• Road Frontage Type

  City Street

• Road Surface Type

  Paved

• Heating

  Forced Air, Natural Gas

• Cooling

  None

• Water Heater

  Gas Water Heater

• Flooring

  Tile, Wood

• Land & Acreage

  Up to 1/4 Acre

• Levels

  Two

• Terms

  Cash, Conventional, FHA, MSHDA

• Showing Requirements

  24 Hour Notice, Combination Lockbox, Showing Time, Sign on Property

• Showing Days

  Sunday, Monday, Tuesday, Wednesday, Thursday, Friday, Saturday