509 N Walnut Street Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48933
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70479222
Year Built 1903
Annual Tax Amount $5,027
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 38x66
Property Sub-Type Multi-Family
Property Description
For sale ''As is'' knob and tube wiring needs to be replaced and price is a reflection of that needed upgrade. Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate portfolio. The property's prime location provides convenient access to local amenities, government offices, and vibrant downtown attractions, ensuring continued demand from tenants. With a little TLC and strategic updates, there's significant potential to increase property value and rental income, making this a smart investment for both seasoned investors and newcomers alike. This multi-family
Location
State MI
County Ingham
Area Lansing (33021)
Zoning Residential
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Lansing Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA