Bought with Bellabay Realty, LLC
$218,000
$229,900
5.2%For more information regarding the value of a property, please contact us for a free consultation.
837 E Shiawassee ST Lansing, MI 48912
3 Baths
8,276 Sqft Lot
Key Details
Sold Price $218,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Assrs 22 - Lansing
MLS Listing ID 297017
Sold Date 08/28/26
Year Built 1888
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 49.5x168.96
Property Sub-Type Triplex
Source Greater Lansing Association of REALTORS®
Property Description
Welcome to 837 E Shiawassee Street, a turn-key investment opportunity in the heart of Lansing. This maintained triplex features spacious units, each offering 2 bedrooms and 1 full bathroom. Tenants pay all utilities, helping maximize cash flow. Ideally located near University of Michigan Health-Sparrow, Neogen, downtown Lansing, and the Stadium District, the property benefits from strong and consistent rental demand. Current rents are below market value, presenting significant upside potential with projected gross monthly rental income exceeding $3,000. The property also includes a detached three-car garage, providing additional storage, parking, or future income opportunities. Whether you're looking to expand your portfolio or occupy one unit while generating rental income.
Location
State MI
County Ingham
Community Assrs 22 - Lansing
Direction Saginaw St to Pennsylvania Ave south to Shiawassee St, west to property
Rooms
Basement Crawl Space, Interior Entry, Michigan
Interior
Heating Natural Gas
Cooling None
Laundry In Basement
Exterior
Parking Features Additional Parking, Detached, Driveway, Garage
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Total Parking Spaces 6
Building
Lot Size Range 0.19
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-15-104-131
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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