1656 E Greencrest Avenue, East Lansing, MI 48823 (MLS# 224075)


$189,000
1656 E Greencrest Avenue
East Lansing, MI 48823
MLS# 224075
Status: Closed



1656 E Greencrest Avenue, East Lansing, MI 48823
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Property Description
Great income opportunity duplex close to campus. Both units has lease till Fall 2019. Upper unit 3 BR one bath with deck. Lower level 2 BR one bath with separate entrance. Brand new water heaters 2018. In-unit laundry for each unit. Fenced in back yard, low maintenance, close to highways and campus. Seller accepts international funds.

Details
Maps
Documents
None
Current Price: $182,000
Contract Info
List Price: $189,000
Location & Legal Info
Street #: 1656
Street Direction: E
Street Name: Greencrest
Suffix: Avenue
State: MI
Zip Code: 48823
School District: East Lansing
Key: BKB
Township/Tax Authority: East Lansing City
County: Ingham
Subdivision: Greencrest
Legal: E 1/2 OF LOT 83 & N111' OF W 16.5' LOT 84..
Directions: Hagadorn to Haslett East to Greencrest
General Property Info
Building 1 Description: Duplex
# of Units: 2
Year Built: 1965
SqFt - Above Appx: 1958
Parking Total: 3
Lot Dimensions: 30x133
Lot Acres: 0.18
ECO Friendly Features: No
Tax Info
State Eq Value: 71200
Taxes: 5171
Tax Year: 2017
Parcel #: 33200208301008
Taxable Value: 71200
Zoning: Multi-Family
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Closed
Under Contract Date: 2018-09-05
Sold Date: 2018-09-12
Sold Price: 182000
Annual Inc & Expense
Gross Rent: 23400
Tax Expense: 5171
Unit 1
Unit: Upper Level
Baths: 1
Bedrooms: 3
Monthly Income: 1155
Finished SqFt: 1088
Tenant Name: Occupied
Expire Date: 2018-08-31
Unit 1 Appliances
Dishwashers: 1
Disposal: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 2
Unit: Lower Level
Baths: 1
Bedrooms: 2
Monthly Income: 800
Finished SqFt: 870
Tenant Name: Occupied
Unit 2 Appliances
Dishwashers: 1
Disposal: 1
Dryers: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit Information
Registered/Licenses: 2 Each
Misc Business Info
# Parking: 3
Property Features
Basement: Walkout
Exterior: Aluminum Siding; Brick
Driveway: Concrete
Water: Public
Sewer: Public Sewer
Roof: Shingle
Garage: No Garage
Heating: Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: Up to 1/4 Acre
Type: Bi-Level
Terms: Cash; Conventional; FHA
Showing: 24 Hour Notice; Key Box; Sign on Property; Tenant; Vacant; Showing Time
Supplements
This is a duplex income producing property. Upper unit has 3 BR and one bath, with tenant going to renew another one year contract till next year 7/31/2019. Rent for upper floor is $1050/month. Lower level has 2 BR and one bath, currently vacant and going to have a tenant moving in for one year contract starting 8/1/2018-7/31/2019. Rent for lower level is $800.

Listing Office: Century 21 Looking Glass - East

Listing Agent: Belle Latimer

Last Updated: September - 13 - 2018

Information deemed reliable but not guaranteed.

Friday 21st of September 2018 11:32 AM