Bought with Home Towne Real Estate
$189,000
$199,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1606 Coleman AVE Lansing, MI 48910
5 Baths
5,662 Sqft Lot
Key Details
Sold Price $189,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Park Place
MLS Listing ID 294460
Sold Date 04/06/26
Year Built 1905
Annual Tax Amount $5,396
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 42x132
Property Sub-Type Multi Family
Source Greater Lansing Association of REALTORS®
Property Description
5 unit investment property available in Lansing. These are all 1 bed, 1 bath units. The building has a new roof (2023) and commercial boiler (2022). Utilities are billed back to tenants using a ratio utility billing system (RUBS) or flat fee. Property may be eligible for both commercial & conventional loans with some lenders. Sold as-is, buyer to verify all information.
Location
State MI
County Ingham
Community Park Place
Direction From I-496, go south on S Washington Ave, take a right on Moores River Dr to get to Coleman Ave.
Rooms
Basement Michigan
Interior
Heating Radiant
Cooling None
Appliance Range, Refrigerator
Laundry None
Exterior
Parking Features On Site, Parking Lot
View Y/N No
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Back Yard, City Lot
Story 2
Foundation Block
Lot Size Range 0.13
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-21-377-131
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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