
$225,000 USD
Single Family Home for Sale, 821 N Chestnut Street, Lansing, Michigan 48906
- MLS#294367
Listed By CENTURY 21 Affiliated
The Single Family Home for Sale located at 821 N Chestnut Street, Lansing, Michigan 48906 is currently for sale. 821 N Chestnut Street, Lansing, Michigan 48906 is listed for $225,000.
Property features
Lot/Land
- Land/Lot size:
1,012 m² (10,890 ft²)
Construction
- Year built: 1875
- Roofing: Composition/shingle
- Basement and foundation: Crawl Space
- Exterior: Vinyl Siding
Security
- Features: Smoke Detector
Heating and Cooling
- Heating system: Hot Water
Utilities
- Other utilities: Public SewerMunicipal Water
Description
Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.
Location
821 N Chestnut Street, Lansing, Michigan 48906