118 Lansing ST Active Save Request In-Person Tour Request Virtual Tour
Eaton Rapids,MI 48827
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Leisenring
MLS Listing ID 291131
Style Traditional
Year Built 1880
Tax Year 2024
Lot Size 7,623 Sqft
Acres 0.18
Lot Dimensions 66x155
Source Greater Lansing Association of REALTORS®
Property Description
Welcome to 118 Lansing Street, a rare duplex investment offering excellent cash flow and smart updates. Each unit provides 2 bedrooms, 1 bath, and laundry hookups, with separate meters in place. Tenants cover all utilities, lawn care, and snow removal, keeping owner expenses low. The main level unit has updated flooring, is currently vacant. The upper unit is also vacant. Rents were $850 for the upstairs unit and $875 for the downstairs unit. With a new roof already in place, major expenses are taken care of. Whether you're an investor looking for a 10%+ cap rate or a buyer planning to live in one unit while renting the other, 118 Lansing Street is a property you won't want to miss.
Location
State MI
County Eaton
Community Leisenring
Direction Please use GPS
Rooms
Basement Full
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Vinyl
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway
Fence Back Yard,Chain Link
Pool None
Waterfront Description false
View Y/N No
Roof Type Shingle
Porch Covered,Front Porch,Glass Enclosed,Rear Porch
Total Parking Spaces 6
Private Pool false
Building
Lot Description Back Yard,City Lot,Few Trees,Front Yard,Rectangular Lot
Lot Size Range 0.18
Sewer Private Sewer
Architectural Style Traditional
Schools
High Schools Eaton Rapids
School District Eaton Rapids
Others
Tax ID 300-062-603-080-00
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional