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811 Larned Street Lansing, MI 48912
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Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Lansing Twp
MLS Listing ID 24004691
Sold Date 06/21/24
Year Built 1908
Annual Tax Amount $3,987
Tax Year 2023
Lot Size 1,324 Sqft
Acres 0.03
Lot Dimensions 39.5x120
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Upper unit occupied $695 per month. Lower units needs a cosmetic refresh but priced accordingly to build some sweat equity. The easiest entry into investment real estate you'll ever find!
Location
State MI
County Ingham
Area Grand Rapids - G
Direction Kalamazoo W to Hosmer S to Larned L to Residence
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplaces Number 2
Laundry None
Exterior
Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Total Parking Spaces 4
Building
Sewer Public Sewer
Structure Type Vinyl Siding,Wood Siding
New Construction No
Schools
School District Lansing
Others
Tax ID 33-01-01-15-356-081
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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