Multi-Family2 to 4 Units1601 Bailey Street, Lansing, MI 48910

Basics

  • Date added: Added 2 weeks ago
  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Lot size: 0.11 sq ft
  • Year built: 1908
  • Lot Size Acres: 0.11 acres
  • County: Ingham
  • MLS ID: 24047396

Description

  • Description:

    Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $950 and the lower unit, which is vacant and ready for new tenants, previously rented at $1,250. The property also includes a coin-operated laundry facility, offering a fantastic opportunity for extra income. With a strong rental history and desirable location, this property is perfect for investors looking to maximize their return on investment. Don't miss out on this exceptional opportunity! Seller is Licensed Realtor

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Location

  • Directions: From Cedar take Mount Hope East to Bailey St., North on Bailey to property

Building Details

  • Number Of Units Total: 2
  • Construction Materials: Vinyl Siding
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Number Of Buildings: 1
  • Basement:

Amenities & Features

  • Parking Total: 1
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected
  • Fireplaces Total: 1

Fees & Taxes

  • Tax Assessed Value: $33,495
  • Tax Year: 2024
  • Tax Annual Amount: $2,899

School Information

  • High School District: Lansing

Miscellaneous

  • CrossStreet: Avon St.
  • Owner Pays: Water
  • Listing Terms: VA Loan, FHA, Cash, Conventional
  • Tenant Pays: Electric, Trash Collection, Sewer, Gas

Ask an Agent About This Home

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $164,900. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1908 year.

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