516-524 E Wayland Avenue, East Lansing, MI 48823 (MLS# 234479)


$199,900
516-524 E Wayland Avenue
East Lansing, MI 48823
MLS# 234479



516-524 E Wayland Avenue, East Lansing, MI 48823
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516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823 516-524 E Wayland Avenue, East Lansing, MI 48823

Property Description
2 unit duplex that has been rented the entire time the seller has owned the property. 516 has newer flooring and the landscaping for the units was done in 2018 with over $5,000 in improvements. Each side as a washer and dryer, tenants pay all utilities and each side has a basement. Both units have a 1 car detached garage. Licensed for 3 unrelated on both sides. Would like 48 hour notice and no showings on weekends before 10 AM.

Details
Maps
None
Current Price: $199,900
Contract Info
List Price: $199,900
Location & Legal Info
Street #: 516-524
Street Direction: E
Street Name: Wayland
Suffix: Avenue
State: MI
Zip Code: 48823
School District: East Lansing
Key: BKB
Township/Tax Authority: East Lansing City
County: Ingham
Subdivision: Grand View
Legal: N 1/2 OF LOTS 156-157 &158 GRANDVIEW NO.1
Directions: HAGADORN & SNYDER EAST TO WAYLAND SOUTH
General Property Info
Building 1 Description: DUPLEX
# of Units: 2
Year Built: 1948
SqFt - Above Appx: 1500
Parking Total: 6
Lot Dimensions: 92 X 142
Lot Acres: 3
Tax Info
State Eq Value: 90800
Taxes: 6665
Tax Year: 2018
Parcel #: 33-20-02-17-110-011
Taxable Value: 85278
Zoning: Multi-Family
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Active
Annual Inc & Expense
Gross Rent: 22320
Tax Expense: 6665
Unit 1
Unit: 1
Rooms: 4
Baths: 1
Bedrooms: 2
Monthly Income: 920
Finished SqFt: 750
Unit 1 Appliances
Dryers: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit 2
Unit: 2
Rooms: 4
Baths: 1
Bedrooms: 2
Monthly Income: 940
Finished SqFt: 750
Unit 2 Appliances
Dryers: 1
Ovens: 1
Ranges: 1
Refrigerators: 1
Washers: 1
Unit Information
Registered/Licenses: 6
Misc Business Info
# Parking: 6
Parking Surface: CONCRETE
Roof Type: SHINGLE
Zoning: MULTI-FAMILY
Property Features
Basement: Crawl; Partial
Exterior: Vinyl Siding
Driveway: Concrete
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Smoke Alarm; Window Air Condition
Garage: 1 Car; Detached
Heating: Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: 1/4+ thru 1/2 Acre
Type: Ranch
Terms: Cash; Conventional; FHA; VA Loan
Showing: 24 Hour Notice; Key Box; Tenant; Showing Time

Listing Office: Berkshire Hathaway HomeServices Tomie Raines

Listing Agent: Steven Viele

Last Updated: March - 26 - 2019

Information deemed reliable but not guaranteed.

Tuesday 26th of March 2019 01:58 AM