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1601 Bailey Street Lansing, MI 48910
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Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70429845
Sold Date 11/12/24
Year Built 1908
Annual Tax Amount $2,899
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42x114
Property 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
Location
State MI
County Ingham
Area Lansing (33021)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Amenities Available Laundry Facility
Building
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Schools
School District Lansing Public School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA,VA
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS