This beautifully renovated property, updated in 2021, presents a fantastic investment opportunity. It features spacious balconies, 12 dedicated carport parking spaces, and an additional 12 visitor parking spots, ensuring both convenience and comfort. The location is ideal, close to parks, shopping, major freeways, and just five miles from Michigan State University. It’s also a short distance from Potter Park Zoo, Hawk Island Park, and the Michigan Princess Riverboat. The building consists of 12 well-appointed two-bedroom units, each with room-sized air conditioners, modern ranges, and refrigerators. The lower level includes a community washroom. Don’t miss the chance to add this cash-flowing gem to your investment portfolio!
This beautifully renovated property, updated in 2021, presents a fantastic investment opportunity. It features spacious balconies, 12 dedicated carport parking spaces, and an additional 12 visitor parking spots, ensuring both convenience and comfort. The location is ideal, close to parks, shopping, major freeways, and just five miles from Michigan State University. It's also a short distance from Potter Park Zoo, Hawk Island Park, and the Michigan Princess Riverboat. The building consists of 12 well-appointed two-bedroom units, each with room-sized air conditioners, modern ranges, and refrigerators. The lower level includes a community washroom. Don't miss the chance to add this cash-flowing gem to your investment portfolio!
APPFOLIO #1
Jul 31, 2024
Rental Removed
$1,265
$0/sq ft
Jul 29, 2024
Listed for Rent
$1,265
$0/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Ingham County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 18, 2024.
MFR
Multi-Family Residential District
The MFR Multiple Family Residential District is applied to areas of Lansing that are appropriate for the highest range of residential densities to accommodate multiple family dwellings. The MFR zone is suitable as a transition from the residential districts into mixed-use commercial areas. MFR complexes should be designed with a campus-like character, providing shared open space, landscape buffering, and consistent site design features.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Group
Housing-Multiple units
Housing-Senior
Park & open space
Property details
Interior
Bathroom Information
# of Full Bathrooms: 12
Heating & Cooling
Has Cooling
Cooling: Wall Unit(s)
Has Heating
Heating: Baseboard, Electric, Hot Water
Interior Features
Appliances: Gas Water Heater
Room Information
Laundry Features: Laundry Room
Has Basement
Basement Details: Finished
Exterior
Exterior Features
Exterior Features: Balcony, Lighting
Roof: Built-Up
Pool Information
Pool Features: None
Building Information
Above Grade Finished Area: 7,360
Construction Materials: Brick
Foundation Details: Block
Property Features
Pets Allowed: Call
Other Structures: Other
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Road Surface Type: Paved
Lot Size Dimensions: 130 x 235
Lot Size Area: 12
Lot Size Units: Acres
Lot Size Acres: 12
Zoning Description: Commercial, MultiFamily
Financial
Tax Information
Tax Annual Amount: $20,595
Utilities
Utility Information
Water Source: Public
Utilities: Cable Available, Sewer Available, Water Available
Sewer: Public Sewer
Location
Schools Information
High School District: Lansing
Location Information
Directions: See Above
Cross Street: WAVERLY RD TO HOLMES, EAST
Community Information
Community Features: Sidewalks
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Ingham County
APN: —
Home facts updated by county records on Jul 18, 2024
Other
Listing Information
List AOR: RealcompIILtd
Around this home
Schools
Lewton School
Public PreK-8 • Assigned • 1.1mi
4/10
Everett High School
Public 9-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Lansing, MI • 48910
Average low and high temperatures (°F)
27
15
34
19
52
31
61
40
67
47
80
60
83
65
79
59
76
54
64
43
48
35
35
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2.6 hours in December, placing it below the
U.S. average for solar exposure.