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MULTI_FAMILY - Other - Lansing, MI
Back on the market as buyer's financing fell through. Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor, 2 sets of W/D's. Shared driveway and a large rear parking lot. This could be an owner-occupied investment property or continue as a multi-family rental. Both units are vacant, and market rate rent is $750 per unit or $1,500 per month. City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property has Section 8 certificate.
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Copyright © 2025 Greater Lansing Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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