Property Back to Market Report Property

151 Garden Street, Lansing, MI 48910

$115,000
Property Back to Market Report Property
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Sold Price
$115,000
List Price
$127,400
Status
CLOSED
Days on Market
0
Closing Date
Sep 23, 2024
MLS#
282688
Year Built
1914
Lot Size
4,791
Acres
0.11
Subdivision
Halls
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Property Description

This beautiful duplex is complete with a brand new roof and has value-add potential. Rental comps are attached to this listing and show market rent for each until to be $860/unit, with each lease ending in the near future. Setting you up for success and increased rent. Certified as a rental with the City of Lansing until 07/01/2025, 151 Garden is a duplex with proven rental history. Property is very tenant friendly; The duplex is located right next to the Barb Dean Tot Lot and features a large lot in back with plenty of parking. Gas & Water are split and landlord only pays electric. Each furnace was replaced in 2018. Newer leases give the opportunity to buy an asset that will cashflow with low maintenance.

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Additional Information

Heating
Forced Air, Separate Meters
Air Conditioning
None
Exterior Features
Vinyl Siding
Levels
Two
Garage
Parking Lot
School District
Lansing
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Listing courtesy of Listing Agent: Jamie Fox (jamie@trubrook.com) from Listing Office: Trubrook, LLC.

Listing courtesy of Jamie Fox from Trubrook, LLC


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