514 N Walnut StreetLansing, MI 48933

Description

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1894

Living area

1,826 Sq Ft

Lot size

0.32 acres

Lot dimensions

66x104

Parking spaces

4

Days on market

22

MLS^® Listing#

294234

Property Features

Cooling

None

Heating

Hot Water · Natural Gas

Basement

Full

Parking

Concrete · Parking Lot

Laundry

In Basement · See Remarks

Lot features

City Lot

Construction

Wood Siding

Sewer

Public Sewer

Water source

Public

Financial Details

Assessed value

$55,321

Parcel number

33-01-01-16-129-052

Directions

SAGINAW / WALNUT. SOUTH ON WALNUT TO DUPLEX