228 Woodlawn Avenue

    Lansing, MI 48910
    • $75,900
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 630000243944
    UPDATED: 66 min ago
    $75,900
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,207
      SQFT
    • $34
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:
    Area:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    47X203.2

    School Ratings & Info

    School District:

    Description

    REO Town money maker. 3 units all rented. Walking distance to REO Town and Downtown. 1 block from the Bus line. Solid rental history. Licensed Rental with the City of Lansing, valid through 6/2020. Located in Reo Town and backs up to the river! Walk to Reo Town, Downtown, LCC. Bus Stop is 1 block away. Excellent opportunity for Investment and or Owner occupied. 3 units. (1) 3 bedroom unit, (1) 2 bedroom unit and (1) 1 bedroom unit. All tenants are on month to month leases allowing new owner to make changes faster. City of Lansing Rental License was renewed in spring of 2019. There are 3 electric meters, and 2 furnaces (one furnace covers 2 units). Solid money making investment. Newer windows, eves and hotwater heaters.

    Monthly Payment Calculator



    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-25T08:56:30.48.
    www.springviewrealty.com/homes/102863806

    228 Woodlawn Avenue Lansing, MI 48910

    • Price: $75,900
    • Status: Active
    • Updated: 66 min ago
    • ID#: 630000243944
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    2,207
    SQFT
    $34
    $/SQFT
    1908
    Built
    Neighborhood:
    Johnson
    County:
    Ingham
    Area:
    Lansing
    School District:
    LANSING
    Property Description
    REO Town money maker. 3 units all rented. Walking distance to REO Town and Downtown. 1 block from the Bus line. Solid rental history. Licensed Rental with the City of Lansing, valid through 6/2020. Located in Reo Town and backs up to the river! Walk to Reo Town, Downtown, LCC. Bus Stop is 1 block away. Excellent opportunity for Investment and or Owner occupied. 3 units. (1) 3 bedroom unit, (1) 2 bedroom unit and (1) 1 bedroom unit. All tenants are on month to month leases allowing new owner to make changes faster. City of Lansing Rental License was renewed in spring of 2019. There are 3 electric meters, and 2 furnaces (one furnace covers 2 units). Solid money making investment. Newer windows, eves and hotwater heaters.
    Exterior Features

    Architecture Level 2 Story Construction Materials Wood Foundation Details BasementMichigan Basement Garage YN No Lot Size Dimensions 47X203.2 Parking Total 5 Roof Material Shingle

    Interior Features

    Basement YN Yes Heating Forced Air Heating Fuel Natural Gas Interior Features High Spd Internet AvailSmoke Alarm Room Count 0 Water Heater Fuel Natural Gas

    Property Features

    Exclusions YN No Gross Scheduled Income 19800.00 Listing Financing CashConventional Net Operating Income 10042.00 Operating Expense 8269.00 Postal City Lansing Settlement City Sewer Sewer-Sanitary Tax Amount Summer 2646.5200 Title Private - Owned Total Tax 2646.5200 Transaction Type Sale Unparsed Address 228 Woodlawn Avenue Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One 1st and Greater Lansing AOR MLS, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Springview Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2020-02-25T08:56:30.48.
     
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