Bought with Good Company Realty
$212,000
$225,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
120-122 E Elm ST Lansing, MI 48910
2,352 Sqft Lot
Key Details
Sold Price $212,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Sparrows
MLS Listing ID 287946
Sold Date 08/13/25
Year Built 1925
Tax Year 2024
Lot Size 2,352 Sqft
Acres 0.05
Lot Dimensions 53.5x44
Source Greater Lansing Association of REALTORS®
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY in the heart of REO Town! Don't miss your chance to add this fully occupied 4-unit, 2-story home to your portfolio! This charming craftsman era home consists of two 1-bedroom and 2-studio apartments. Covered back porch and fenced back yard shared between lower units. Two attached 10' x 18' storage sheds. This home offers separate gas meters and furnaces for each unit, as well as two electric meters and two water meters. Full tearoff & new roof - 2021. City of Lansing Rental Certificate renewed through 6/1/2026. Located just moments from all the shops and amenities of REO Town and the Lansing River Trail. Quick I-496 access for easy commuting. Minutes from downtown and MSU.
Location
State MI
County Ingham
Community Sparrows
Direction S WASHINGTON TO E ELM, E ON E ELM TO HOME ON RIGHT
Rooms
Basement Block, Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Flooring Combination, Tile, Vinyl, Wood
Window Features Wood Frames
Laundry None
Exterior
Exterior Feature Private Yard, Rain Gutters
Parking Features Driveway, Off Street, Paved
Fence Fenced, Wood
Utilities Available Cable Available
View Y/N No
Roof Type Shingle
Porch Covered, Rear Porch
Total Parking Spaces 2
Building
Lot Description Back Yard, City Lot, Level
Foundation Block
Lot Size Range 0.05
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-21-257-175
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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