This duplex brings a great opportunity for investors that are looking for a turnkey property with proven income and different potential routes to move forward. With a vacant and rent ready unit on the main level, the buyer of 1033 E Oakland has flexibility. For buyers that self-manage, a rental market that rewards properties that provide a premium rental experience leaves plenty of room to maximize returns, including the potential to house hack the larger unit. For buyers that want to stay hands off, the property is already managed by DS Huber Group, in Lansing. The management company is in the process of marketing main floor unit for rent at $975/month. The upper unit is currently rented on a month to month basis at $725/month. All utilities, including lawn and snow removal are paid by the landlord (roughly $250/month), which gives the buyer a potential for $1,450/month with the current rental track.

This property also has plenty of tangible features beyond the rental numbers that will ensure sustainable success moving forward. The property is complete with a 4 car parking lot on site. A private back yard is crowned with a small fire pit for quiet summer night bonfires. The list of convenient living features for potential tenants also includes a bus stop less than a block away, in-unit laundry for the lower unit, and an onsite storage area under the stairway to the upper unit. This property checks off the boxes for landlords and tenants alike.

All the mechanicals have approval stickers to show proper permits, and the property is certified as a rental property by the City of Lansing until 3/1/2025. The flat portion of the roof was replaced, including the portion under the patio leading to the upper unit, in 2022. No utilities are currently split. Schedule your showing to see this cashflow king before it is too late.