1225 N Chestnut Street
Lansing, MI 48906

Description

Great income opportunity for an owner occupant or an investor. Home just went through rental inspections and is licensed with the city. Lower unit is 3 beds 2 baths. Was rented between $850-$950/mo. Lower unit includes basement access. Upper unit is 2 beds/ 2 baths. Was rented for $700-$750/mo. Both units were rented with all bills paid. Brand new water heater installed 1/2019. Central air. If you're looking for cash flow, this is it! Home is priced to sell and is being sold as is. Broker is a member/owner of Pinnacle Real Estate Investments and property.

Details

MLS#233375
Sub-TypeResale
StatusActive
Year1908
Days On Site34

Features

SQ Feet1,504
Units2
Building(s)1

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Area Information

StateMI
CountyIngham
CityLansing
Zip Code48906
AreaIngham
Listing VS Median (in 48906)
Price:
$55,900
low | high
Med:
$79,900
7.066189624329% of Average
SqFt:
1,504
low | high
Med:
1,896
23.936170212766% of Average
$ / SqFt:
$37
low | high
Med:
$42
36.454163901399% of Average
On Site:
34
low | high
Med:
42
80.952380952381% of Average
Listing Updated: 02/20/2019
MLS Number: 233375
Listing Provided By:
Jennifer Worthington  of  Community Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Lansing Association of Realtors® MLS.