1142 Lilac Avenue, East Lansing, MI 48823 (MLS# 215515)


$174,900
1142 Lilac Avenue
East Lansing, MI 48823
MLS# 215515
Status: Closed



1142 Lilac Avenue, East Lansing, MI 48823
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1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823 1142 Lilac Avenue, East Lansing, MI 48823

Property Description
Looking for creative housing option for easy commute to MSU? This duplex is perfect for the owner occupant that desires to rent to others. Upstairs is licensed for 2 unrelated, and license is in good standing. Front entrance leads to both the first floor unit and upstairs to the 1 bedroom unit. 1st floor unit has great charm and appeal with hardwoods, fireplace, 2 bedrooms, updated appliances in the kitchen with formal dining. Great hardwood floors throughout the upstairs as well. Both units are freshly painted and in good move in condition. Downstairs area offers bonus rec space and laundry, with access for both units. Large treed lot, sunken patio, detached 2 car garage. Not looking for a duplex? Convert this back to single family easily. New Furnace, H2o Heater and smart features!

Details
Maps
Documents
None
Current Price: $163,000
Contract Info
List Price: $174,900
Lease/List Price/SqFt: 106.48
Location & Legal Info
Street #: 1142
Street Name: Lilac
Suffix: Avenue
State: MI
Zip Code: 48823
Zip +4: 5123
School District: East Lansing
Key: CLO
Township/Tax Authority: East Lansing City
County: Ingham
Subdivision: Lilac Lawn
Legal: LOT 85 LILAC LAWN FARM NO 1
Directions: HARRISON, N OF TROWBRIDGE, TO LILAC WEST TO HOME.
General Property Info
Building 1 Description: UPPER/LOWER DUPLEX
# of Units: 2
Year Built: 1948
SqFt - Above Appx: 1681
Parking Total: 6+
Lot Dimensions: 66x165
Lot Acres: 0.25
Tax Info
State Eq Value: 74500
Taxes: 4576
Tax Year: 2016
Parcel #: 33-20-01-24-102-022
Taxable Value: 69829
Zoning: Multi-Family
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Closed
Under Contract Date: 2017-08-08
Sold Date: 2017-08-23
Sold Price: 163000
Annual Inc & Expense
Gross Rent: 9600
Water/Sewer Expense: 400
Tax Expense: 4576
Miscellaneous: 75
Electricity: 600
Total Expense: 600
Insurance: 750
Net Income: 2599
Unit 1
Unit: 1
Rooms: 6
Baths: 1
Bedrooms: 2
Finished SqFt: 1000
Unit 1 Appliances
Dishwashers: 1
Disposal: 1
Dryers: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit 2
Unit: 1
Rooms: 3
Baths: 1
Bedrooms: 1
Monthly Income: 800
Finished SqFt: 681
Total Unit Appliance
Total Dishwashers: 1
Total Disposals: 1
Total Dryers: 1
Total Ranges: 1
Total Refrigerators: 1
Total Washers: 1
Unit Information
Registered/Licenses: 2
Extras
High Speed Internet: 1
Property Features
Basement: Daylight Windows; Partially Finished
Exterior: Aluminum Siding; Vinyl Siding
Driveway: Concrete
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Smoke Alarm
Garage: 2 Car; Concrete Floor; Detached; Door Opener
Heating: Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: 1/2+ thru 1 Acre
Type: Cape Cod; Two Story
Terms: Cash; Conventional
Showing: 24 Hour Notice; Call List Office; Key Box; Sign on Property; Tenant; Showing Time

Listing Office: C B Hubbell BriarWood-E.L.

Listing Agent: Joseph Vitale

Last Updated: June - 11 - 2018

Information deemed reliable but not guaranteed.

Monday 12th of November 2018 10:15 PM