820 N Pennsylvania Avenue, Lansing, MI 48906 (MLS# 231980)


$140,000
820 N Pennsylvania Avenue
Lansing, MI 48906
MLS# 231980
Status: Active Backup



820 N Pennsylvania Avenue, Lansing, MI 48906
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820 N Pennsylvania Avenue, Lansing, MI 48906

Property Description
4 Unit income property in Lansing. Each unit has 1 bedroom and 1 bathroom and rents for $825 a month all utilities are included.

Details
Maps
None
Current Price: $140,000
Contract Info
List Price: $140,000
Location & Legal Info
Street #: 820
Street Direction: N
Street Name: Pennsylvania
Suffix: Avenue
State: MI
Zip Code: 48906
Zip +4: 5377
School District: Lansing
Key: CBX
Township/Tax Authority: Lansing City
County: Ingham
Subdivision: None
Legal: N 58 FT LOT 9 ASSESSORS PLAT NO 22
Directions: Saginaw to Pennsylvania North just South of Oakland
General Property Info
Building 1 Description: Apartment
# of Units: 4
Year Built: 1870
SqFt - Above Appx: 3312
Parking Total: 8
Lot Dimensions: 58x288.75
Lot Acres: 0.384
Tax Info
State Eq Value: 60200
Taxes: 3511
Tax Year: 2017
Parcel #: 33-01-01-10-376-021
Taxable Value: 42559
Zoning: Residential
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Active Backup
Under Contract Date: 2018-11-08
Annual Inc & Expense
Gross Rent: 37200
Water/Sewer Expense: 2678
Tax Expense: 3511
Miscellaneous: 200
Other Income: 4800
Maintenance: 1156
Total Expense: 8820
Insurance: 1274
Net Income: 33180
Unit 1
Baths: 1
Bedrooms: 2
Monthly Income: 775
Finished SqFt: 750
Unit 1 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 2
Baths: 1
Bedrooms: 2
Monthly Income: 775
Finished SqFt: 750
Unit 2 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 3
Baths: 1
Bedrooms: 2
Monthly Income: 775
Finished SqFt: 750
Unit 3 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Unit 4
Baths: 1
Bedrooms: 2
Monthly Income: 775
Finished SqFt: 750
Unit 4 Appliances
Ovens: 1
Ranges: 1
Refrigerators: 1
Misc Business Info
# Parking: 8
Property Features
Basement: Michigan
Exterior: Vinyl Siding
Driveway: Gravel
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Cable Installed; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; High Speed Internet; Smoke Alarm
Garage: 2 Car; Detached
Heating: Electric; Forced Air - Gas
Water Heater: Gas Natural
Land & Acreage: 1/4+ thru 1/2 Acre
Type: Two Story
Terms: Cash; Conventional
Showing: 24 Hour Notice; Tenant; Showing Time

Listing Office: Keller Williams Realty Lansing-East

Listing Agent: Stacee Robison

Last Updated: November - 09 - 2018

Information deemed reliable but not guaranteed.

Wednesday 21st of November 2018 07:36 AM