Property Back to Market Report

1201 Lathrop Street, Lansing, MI 48912

$40,000
2
BD
1
BA
1,177
SqFt
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Sold Price
$40,000
List Price
$45,000
Status
CLOSED
Days on Market
0
Closing Date
Jul 02, 2025
MLS#
288820
Year Built
1906
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,177
Lot Size
8,450
Acres
0.19
Subdivision
Parkview
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Property Description

🏡 Welcome to 1201 Lathrop St! Calling all investors and flippers â” Whether you're looking for your next rental project or a great flip, this home is full of potential. With 1,177 sq ft above grade, the current layout features 2 bedrooms and 1 bathroom, but there's room to grow! Easily convert the main floor space into a third bedroom to boost value and rental appeal. The upstairs bathroom layout offers a great opportunity for a value-add update. Consider removing the tub and oversized sink to create space for a modern stand-up shower and compact vanity â” design it your way! Recent updates include: - Newer furnace (installed in 2021) - Water heater, electrical, and plumbing - all in good working condition 💡 Per my analysis: A move-in-ready 3 bed, 1 bath in this ar typically sells between $120K-$135K. Rents for similar homes range from $1,300 to $1,500/month. This is a great fixer-upper with strong upside. Don't miss your chance to unlock the potential at 1201 Lathrop St! Call or text today to schedule your private showing!

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Additional Information

Exterior Features
Private Yard
Taxes
$3,243
Appliances
Refrigerator, Electric Oven
Heating
Forced Air
Air Conditioning
None
Exterior Features
Vinyl Siding, Masonite
Levels
Two
Garage
Private
School District
Lansing
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Listing courtesy of Listing Agent: Besim Shabani (besim.exitrealtyhomepartners@gmail.com) from Listing Office: EXIT Realty Home Partners.

Listing courtesy of Besim Shabani from EXIT Realty Home Partners


©2026, Greater Lansing Association of Realtors. All rights reserved. Information is for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Real estate listings held by brokerage firms other than our company are marked with the BR logo and detailed information about them includes the name of the listing brokers. Data is deemed reliable but is not guaranteed accurate by the GLAR MLS. Information last updated on