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Lansing

$375,000
Contact For Address
Lansing

Lansing

$375,000

Lease values for all units comes to $5745 per month, $68940 a year! Proforma with market rents on the property would equal $6350 a month, $76200 a year conservatively with minimal expense on turns. Improvements with dishwashers, cabinets, counter tops and vanities could increase rents over the proforma an additional $100 per month! The exterior stairs and walk-way have almost $100k in improvements in the past 3 years, there are no further major expenses on the horizon for this property.
Chris Silker
Chris Silker Contact

Features & Amenities

Interior

Total Bathrooms 9
Laundry Room Common Area, Lower Level
Flooring Carpet, Ceramic Tile, Vinyl
Appliances Water Heater, Refrigerator, Range, Oven

Exterior

Stories 3
Water Source Public
Utilities Water Connected, Sewer Connected, Natural Gas Connected, High Speed Internet Available, Electricity Connected, Cable Available
ROOF Flat
Parking Asphalt
Heat type Baseboard, Hot Water, Natural Gas
Air Conditioning None
Sewer Public Sewer
Substructure Slab
Other Exterior Features Barbecue

Area & Lot

Status Sold
LIVING SPACE 4,674 Sq.Ft.
LOT SIZE 0.28 Acres
MLS® ID 265516
Type Commercial
Year Built 1968
Architecture Styles Other
School District Lansing

Financial

SALES PRICE $375,000
REAL ESTATE TAXES $11,329/yr

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Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.

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