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811 Larned Street Lansing, MI 48912
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Key Details
Sold Price $72,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70387163
Sold Date 06/21/24
Year Built 1908
Annual Tax Amount $3,987
Tax Year 2022
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 39.5x120
Property Description
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Upper unit occupied $695 per month. Lower units needs a cosmetic refresh but priced accordingly to build some sweat equity. The easiest entry into investment real estate you'll ever find!
Location
State MI
County Ingham
Area Lansing Twp (33006)
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding, Wood
Building
Foundation Basement
Water Public Water
Structure Type Vinyl Siding,Wood
Schools
School District Lansing Public School District
Others
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Cody & Co.