• 811 Larned Street Lansing, Michigan 48912

  • $84,900
  • 4
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.03
    Acre

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!

Property Type :

Multifamily

County :

Ingham

Style :

Multifamily

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Property Details

 

Interior Features

Cable Available

Heating & Cooling

Heating: Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1908

Total Units: 2

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Lot Information

Lot Size: 0.03

Lot Dimensions: 39.5x120

Frontage Feet: 40

Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $90,000

Listing Information

Possession: At Close

Legal Description: LOT 13 BLOCK 11 LANSING IMPROVEMENT COMPANYS ADD

Tax Information

Annual Tax: $3,987

Parcel Number: 33010115356081

Possession

At Close

Legal Information

Legal Description: Section: LOT 13 BLOCK 11 LANSING IMPROVEMENT COMPANYS ADD

Parking Information

Parking: 4

Unit 2 Information

# of Bedrooms: 2

School Information

School District: Lansing

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
511 Detroit Street, Lansing, MI,48912 $64,900 3 1 780 0.14 Acre
329 S Clemens Avenue, Lansing, MI,48912 $90,000 3 1 1,194 0.1 Acre
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504 N Magnolia Avenue, Lansing, MI,48912 $159,500 4 1 1,825 0.1 Acre
623 N Clemens Avenue, Lansing, MI,48912 $115,000 2 2 1,136 0.1 Acre
118 N Hayford Avenue, Lansing, MI,48912 $122,900 3 1 1,144 0.1 Acre
2015 Prospect Street, Lansing, MI,48912 $85,000 2 1 935 0.06 Acre
1000 Bensch Street, Lansing, MI,48912 $79,900 3 1 1,089 0.06 Acre
508 Shepard Street, Lansing, MI,48912 $104,500 3 1 1,531 0.08 Acre
621-629 Mifflin Street, Lansing, MI,48912 $65,000 -- -- -- 0.38 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/04/2024 @ 09:57

MLS: 600458974
LISTED BY: Jessica M Hart , Keller Williams GR East
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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