2112 Ferrol Street, Lansing, MI 48910

$299,000

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List Price
$299,000
Status
ACTIVE UNDER CONTRACT
Days on Market
0
MLS#
298698
Year Built
1958
Lot Size
25,700
Acres
0.59
Subdivision
HOLOWAY

Property Description

Investor opportunity! Four 2-bedroom, 1-bath ranch duplex units offered together, providing an income-producing portfolio with strong rental fundamentals. All units feature in-unit laundry, separate gas and electric, individual furnaces and water heaters, and carports. Tenants pay their own trash. Three units are currently occupied, with the fourth scheduled for move-in 9/11/2026. Current rents: 2112 - $930/mo (8/1/25-7/31/27); 2114 - $1,000/mo (7/9/26-7/31/27); 2116 - $985/mo (8/1/25-7/31/27); 2118 - $975/mo (9/11/26-9/30/27). Rental license valid through 8/1/2029. Cash-flowing investment with established tenants and desirable individual utility setup. The property is conforming to local zoning codes.

Additional Information

Exterior Features
Dog Run
Heating
Forced Air, Natural Gas
Air Conditioning
None
Exterior Features
Wood Siding
Levels
One
School District
Lansing

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Hall (dave@achievelansing.com) from Listing Office: Achieve Real Estate LLC.


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