1507/1509 Ann Street, East Lansing, MI 48823 (MLS# 240919)


$249,500
1507/1509 Ann Street
East Lansing, MI 48823
MLS# 240919



1507/1509 Ann Street, East Lansing, MI 48823
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1507/1509 Ann Street, East Lansing, MI 48823 1507/1509 Ann Street, East Lansing, MI 48823

Property Description
Very well maintained student rental duplex, 1 unit occupied, 1 open for your buyer. Property recently painted and re-roofed. Lower level water-proofed by Beaver Systems, Wallside Windows installed - 25 years left on warranty.

Details
Maps
None
Current Price: $249,500
Contract Info
Status: Active
Listing Date: 2019-09-17
List Price: $249,500
Location & Legal Info
Street #: 1507/1509
Street Name: Ann
Suffix: Street
State: MI
Zip Code: 48823
School District: East Lansing
Key: CBX
Township/Tax Authority: East Lansing City
County: Ingham
Subdivision: Homestead
Legal: E 70 ft of Lot 29 Homestead Terrace
Directions: Hagadorn S of Burcham to Ann East to property.
General Property Info
Building 1 Description: Bi-Level
# of Units: 2
Year Built: 1971
SqFt - Above Appx: 1950
Parking Total: 6
Lot Dimensions: 70x127
Lot Acres: 0.2
Tax Info
State Eq Value: 89000
Taxes: 6045
Tax Year: 2018
Parcel #: 33200217116016
Taxable Value: 82550
Zoning: Multi-Family
Remarks & Misc
Photo Instructions: Office Submit
Annual Inc & Expense
Gross Rent: 32400
Tax Expense: 6045
Unit 1
Unit: Upper
Baths: 1
Bedrooms: 3
Monthly Income: 1500
Finished SqFt: 975
Tenant Name: Andrew, Kenton, Noah
Expire Date: 2020-08-01
Unit 1 Appliances
Dishwashers: 1
Dryers: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit 2
Unit: Lower
Baths: 1
Bedrooms: 3
Monthly Income: 1200
Finished SqFt: 975
Tenant Name: vacant
Unit 2 Appliances
Dryers: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit Information
Registered/Licenses: 6
# Deposits: 1
# Written Leases: 1
Misc Business Info
# Parking: 6
Overall Building Siz: 1950
Roof Type: Shingle
Zoning: C-5
Property Features
Basement: Walkout
Exterior: Rough Sawn
Driveway: Blacktop
Water: Public
Sewer: Public Sewer
Roof: Shingle
Heating: Other Heating
Water Heater: Electric
Land & Acreage: Up to 1/4 Acre
Type: Bi-Level
Terms: Cash; Conventional; FHA
Showing: Combo; Sign on Property; Other Show; Showing Time

Listing Office: Smeak Real Estate Company

Listing Agent: David Smeak

Last Updated: February - 13 - 2020

Information deemed reliable but not guaranteed.

Wednesday 26th of February 2020 09:51 AM