$110,000

225 Shepard Street

Lansing MI, 48912

Description

HUGE Opportunity to acquire a cash flowing 3 unit investment in the derirable East Side Neighborhood. Two 1 bedroom apartments are upstairs with a large 2 bedroom on the main floor. Separate gas meters and electric meters for each unit! Two tiled showers, hardwood in main floor unit, 2 car garage. Lots of potential to raise rents or leave as is and still get cash flow day one.

Details

MLS#247606
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1919
Days On Site26

Features

SQ Feet1,920
Units3
Building(s)1
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Area Information
StateMI
CountyIngham
CityLansing
Zip Code48912
AreaIngham
Listing VS Median (in 48912)
Price:
$110,000
low | high
Med:
$91,450
66.863636363636% of Average
SqFt:
1,920
low | high
Med:
987
98.59375% of Average
$ / SqFt:
$57
low | high
Med:
$93
12.330004043066% of Average
On Site:
26
low | high
Med:
5
100% of Average
Listing Updated: 08/04/2020
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Lansing Association of Realtors® MLS.