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.
Listed By
Agency Name: Century 21 Affiliated
Shown By
Agent Name: Darrell Blausey
Agent Phone: (419) 351-1525
Agency Title: Key Realty
Estimated Payment
$ 1,353.64 per month $1,286.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $67.08 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 $230,000. Search Lansing real estate on www.darrellrealestate.com today.