$215,000
$225,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
821 N Chestnut ST Lansing, MI 48906
1 Bath
0.25 Acres Lot
Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Original Of Lansing
MLS Listing ID 294367
Sold Date 07/01/26
Year Built 1875
Tax Year 2025
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 66x165
Property Sub-Type Triplex
Source Greater Lansing Association of REALTORS®
Property Description
Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.
Location
State MI
County Ingham
Community Original Of Lansing
Direction Chestnut Street
Rooms
Basement Crawl Space
Interior
Heating Hot Water, Natural Gas
Cooling None
Appliance Electric Water Heater
Laundry Common Area
Exterior
Parking Features Asphalt, Private
View Y/N No
Roof Type Shingle
Total Parking Spaces 6
Building
Lot Description Back Yard, Private
Lot Size Range 0.25
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-09-360-171
Acceptable Financing Cash, Conventional, FHA, MSHDA, VA Loan
Listing Terms Cash, Conventional, FHA, MSHDA, VA Loan
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
NEARBY SCHOOLS & BUSINESSES






