Address
811 Larned Street, Lansing, MI
Price
$ 84,900
Property Attributes
- MLS#24004691
- TypeMulti-Family
- CountyINGHAM
- CityLansing
- AreaLansing Twp
- NeighborhoodLansing Twp
- Zip48912
- Style2 to 4 Units
- Year Built1908
- Taxes$ 3987
- Price$ 84,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
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!
| Price History | |
|---|---|
| 1/25/2024 | Listed $90,000 |
| 3/18/2024 | 6% - $84,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Natural Gas |
| Cooling | None |
| Utilities | None Available,Phone Connected,Natural Gas Connected,Electric Connected,Cable Connected |
| Possession | Close Of Escrow |
| Construction Materials | Wood Siding,Vinyl Siding |
| Year Built | 1908 |
| Tenant Pays | Electric,Water,Trash Collection,Sewer,Gas |
| Township | Lansing Twp |
| Property SubType | 2 to 4 Units |
| Tax Year | 2023 |
| OwnerPays | None |
| County | Ingham |
| New Construction | No |
| Property Type | Multi-Family |
| Status | Active |
| Directions | Kalamazoo W to Hosmer S to Larned L to Residence |
| City | Lansing |
| High School District | Lansing |
| Zoning Description | res |
| Total Units | 2 |
| MLS Area | Grand Rapids - G |
| Lot Size Square Feet | 1324.0 |
| Waterfront Y/N | No |
| Street Name | Larned |
| Land Lease Y/N | No |
| Tax Annual Amount | 3987.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Grand Rapids - G |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 94 |
| Standard Status | Active |
| Tax Assessed Value | 42500 |
| MobileHomeRemainsYN | No |
| Legal Description | LOT 13 BLOCK 11 LANSING IMPROVEMENT COMPANYS ADD |
| Senior Community | None |
Interior Features
| Basement | Full |
|---|---|
| Total Fireplaces | 2 |
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Laundry Features | None |
| Electric On Property Y/N | No |
Exterior Features
| Total Parking | 4.0 |
|---|---|
| Lot Size Area | 0.03 |
| Number of Buildings | 2 |
| Spa | No |
| Lot Dimensions | 39.5x120 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48912
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 19, 2024 2:16 AM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
