Private Address

Lansing, MI 48915 / Claypool

MLS ID# 279111 Active Private Address

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$159,900

2 units

4 parking spaces

sqft

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

Description

This upper/lower duplex has been refreshed and is ready for its new owner. Live in half and rent the other or purchase for the great cash flow it represents. First floor unit has entire use of covered front porch. Walk inside and the hardwoods greet you in the living/dining combo room. Kitchen is central with newer cabinets and appliances. 2 beds off back hall with bath between them. Lower level shared laundry (but 2nd hooks up available for upper unit). 2nd floor access is on side of building. Hardwoods run 2nd floor except kitchen and bath. 2nd floor unit could have 3rd bedroom if not used as living and then kitchen and bonus space could be living/dining/kitchen. Walk up attic. Parking in rear for 4 cars. All financials included in listing are last 12 months. New energy eff boiler. This upper/lower duplex has been refreshed and is ready for its new owner. Live in half and rent the other or purchase for the great cash flow it represents. First floor unit has entire use of covered front porch. Walk inside and the hardwoods gree... show more

Location & Legal Info

• Street # 812
• Street Direction W
• Street Name Genesee
• Suffix Street
• City Lansing
• State MI
• Zip Code 48915
• Zip +4 1841
• School District Lansing
• Key Sentr
• TownshipTax Authority Lansing City
• County Ingham
• Subdivision Claypool
• Legal E 37 FT OF S 99 FT OF W 152.75 FT LOT 3 BLOCK 1 CLAYPOOL SUB
• Directions Pine to Genesee W to home

General Property Info

• Building 1 Description Duplex
• # of Units 2
• Year Built 1920
• Above Grade Finished Area 1768
• Living Area Source Assessor
• Parking Total 4
• Frontage Length 37
• Lot Size Dimensions 37x99
• Lot Acres 0.08
• ECO Friendly Features Yes
• Elementary School District Lansing
• Cross Street Pine

Tax Info

• State Eq Value 64500
• Eq Year 2024
• Taxes 3110
• Tax Year 2023
• Parcel # 33-01-01-17-229-241
• Taxable Value 39540
• Taxable Value Year 2024
• Zoning Residential

Compensation Info

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

Details

• Annual Inc & Expense

  Gross Rent:22080, Water/Sewer Expense:1254, Tax Expense:3110, Less Fuel:1654.1, Insurance:650, Management:500, Net Income:14912

• Unit 1

  Unit:1, Baths:1, Monthly Income:920, Finished SqFt:884, Tenant Name:Vacant, Tenant Phone:Vacant

• Unit 1 Appliances

  Ovens:1, Ranges:1, Refrigerators:1

• Unit 2

  Unit:2, Baths:1, Monthly Income:920, Finished SqFt:884, Tenant Name:Vacant, Tenant Phone:Vacant

• Unit 2 Appliances

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

• Laundry Features

  Common Area, In Basement

• Lot Features

  City Lot, Front Yard

• Unit Information

  Registered/Licenses:1, License/Register Exp:2026-01-01

• Misc Business Info

  # Parking:4, Parking Surface:Gravel, Roof Type:Shingle, Zoning:Residential

• Basement

  Full

• Foundation Details

  Block

• Exterior

  Block, Vinyl Siding

• Parking Features

  Additional Parking

• Electric

  100 Amp Service

• Water Source

  Public

• Sewer

  Public Sewer

• Window Features

  Blinds, Window Coverings

• Roof

  Shingle

• Patio & Porch Features

  Front Porch

• Spa Features

  None

• Road Frontage Type

  City Street

• Road Surface Type

  Asphalt

• Heating

  Baseboard, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Qualified Installation, Natural Gas, Radiant, Steam

• Cooling

  None

• Water Heater

  Gas Water Heater

• Flooring

  Hardwood, Linoleum

• Security Features

  Carbon Monoxide Detector(s), Fire Alarm

• Utilities

  Cable Available, High Speed Internet Available

• Land & Acreage

  Up to 1/4 Acre

• Association Amenities

  None

• Architectural Style

  Colonial

• Levels

  Two

• Terms

  Cash, Conventional

• Showing Requirements

  Lockbox, SentriKey, Sign on Property, Vacant

• Showing Days

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

• Disclosures

  Lead Based Paint, Sellers Disclosures

• Current Financing

  None