$164,900
Pending

1601 Bailey Street

Lansing, MI 48910
Browse 9 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $950 and the lower unit, which is vacant and ready for new tenants, previously rented at $1,250. The property also includes a coin-operated laundry facility, offering a fantastic opportunity for extra income. With a strong rental history and desirable location, this property is perfect for investors looking to maximize their return on investment. Don't miss out on this exceptional opportunity! Seller is Licensed Realtor

  • Property Details
      • Acres0.11
  • Construction Details
      • BasementMichigan Basement
      • Property TypeMulti-Family
    • Condition
      • Year Built1908
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictLansing
      • CountyIngham
  • Financial Details
      • Original List Price$164,900
      • Days on Market (Cumulative)66
  • Other
      • MLS #24047396

Location

Gary B Bailey Sr | Crossroads Realty of MichiganReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00