Bought with Five Star Real Estate - Lansing
$173,000
$170,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
529 Cherry ST Lansing, MI 48933
2 Baths
4,791 Sqft Lot
Key Details
Sold Price $173,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Original Of Lansing
MLS Listing ID 294596
Sold Date 09/01/26
Year Built 1906
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 37.1x66
Property Sub-Type Duplex
Source Greater Lansing Association of REALTORS®
Property Description
Welcome to 529 Cherry Street, a well-maintained two-unit investment property located in Lansing's historic district. This fully leased multi-family offers immediate income potential and strong rental appeal. The main level (Unit A) features a one-bedroom layout with a spacious living room complete with a fireplace, a nicely appointed kitchen with included appliances, in-unit laundry, and a generous bedroom. The upper unit spans the second and third floors, offering a spacious one-bedroom layout plus an impressive loft space on the third level. This unit includes a comfortable living area and kitchen, 1.5 Bathrooms with laundry conveniently located in the basement. Each unit is separately metered, with tenants responsible for gas, electric, water, and sewer. The landlord covers lawn care, snow removal, and trash service. The property also includes a dedicated parking pad accommodating up to four vehicles—an added convenience for tenants. A solid opportunity for investors looking to add a fully occupied property in a desirable rental location—schedule your showing today!
Location
State MI
County Ingham
Community Original Of Lansing
Direction E on W. St.Joseph North on S Grand Ave. E on Hillsdale St. North on Cherry St. Property on the East Side
Rooms
Basement Full, Michigan
Interior
Heating Forced Air, Natural Gas, Separate Meters
Cooling Central Air
Flooring Carpet, Vinyl, Wood
Appliance Water Heater
Laundry Laundry Room, Lower Level, Main Level
Exterior
Parking Features No Garage, Parking Pad
Fence Back Yard
Utilities Available Cable Available
View Y/N No
Roof Type Shingle
Porch Front Porch
Total Parking Spaces 4
Building
Lot Description Back Yard
Foundation Brick/Mortar
Lot Size Range 0.11
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-16-457-071
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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