Pending

612 N Walnut Street

Lansing, MI 48933

$119,000 $501/Mo

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Overview

Bed

Bath

1,320

Sqft

0.09

Acre(Lot)

Description

Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing function al and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!

Property Details

Property Type : Residential

Price : $119,000

AD Id : 75940444

MLS Id : 26008561

Beds : 3

Lot Size : 0.09 Acre

Living Area Size : 1,320

Year Built : 1875

County : Ingham

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Sewer: Public

Room Information

Other Rooms: 5
Flooring Information

Carpet
Roofing Information

Shingle
Interior Features

Ceiling Fan(s) Roof: Shingle Laundry Features: In Basement
Heating & Cooling

Heating: Forced Air WaterSource: Public
Fireplace

Number of Fireplaces: 0 Fireplace Features: 0

Building Information

Year Built: 1875 Construction Materials: Vinyl Siding Basement: Full Roof: Shingle
Exterior Features

Porch: Covered, Patio, Porch(es)
Fencing

Fenced Back
Laundry Features

In Basement

Patio And Porch

Covered, Patio, Porch(es)

Fencing

Fenced Back

Lot Information

Lot Dimensions: 35 x 113 Lot Size Area: 0.09 Acres Lot Square Feet: 3,920 Stories: 2 Main Square Feet: 1320

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Other SQ ft (Living Area): 1,320 Construction Materials: Vinyl Siding Property Age: 151

Listing Price Information

Listing Id: 26008561 ist Price: $119,000 List Price Tot SqFt: $90 Listing Terms Cash, FHA, VA Loan, Conventional
Listing Information

Possession: Subject To Tenant Rights

Tax Information

Parcel Number: 33-01-01-16-126-022 Annual Tax: $1,965 Tax Year: 2025 Taxes: S 17 FT OF W 115 FT LOT 7, ALSO N 18 FT OF W 115 FT LOT 6 BLOCK 62 ORIG PLAT

Parking Information

# of Garage Spaces: 2 Has Garage: Yes Garage Faces Front, Detached

School Information

Senior High School District: Lansing
Utility Information

Natural Gas Available, Electricity Available, Natural Gas Connected

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