BEDS0
BATHS
MLS#294367
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONOriginal of Lansing
Property Description
Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Heating: Hot Water, Natural Gas
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1875
Feature Descriptions
Appliances: Electric Water Heater
Days on Site: 39
Exterior: Vinyl Siding
Laundry: Common Area
Lot: Back Yard, Private
Lot Dimensions: 66x165
Parcel #: 33-01-01-09-360-171
Parking: Asphalt, Private
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Units: 3
Water: Public
Listed By / Shown By
Listed By
Agency Name: Century 21 Affiliated
Shown By
Agent Name: Audra Blaschko
Agent Phone: (517) 499-0363
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,324.21 per month $1,258.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $65.63 Homeowner's Insurance
821 N Chestnut Street | MLS# 294367
This multi-family property located at 821 N Chestnut Street, Lansing, MI 48906 is currently listed for sale with an asking price of $225,000. Search Lansing real estate on audrablaschko.ikeyrealty.com today.