1601, Bailey, Lansing, MI, 48910
$164,900
Basics
- Date added: Added 2 weeks ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.11 sq ft
- Year built: 1908
- Lot Size Acres: 0.11 acres
- County: Ingham
- MLS ID: 24047396
Description
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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: Michigan 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
This 2 to 4 Units style property is located in is currently Multi-Family 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.