811 Larned Street, Lansing, MI 48912 Pending

Lansing,MI 48912

$ 84900

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Green Oak

MLS Listing ID 278295

Year Built 1908

Tax Year 2023

Lot Size 1,324 Sqft

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%!! Market rent for each unit is $650-$700. New sewer line from home to street just installed as well as a new plumbing stack. Upper unit is move in ready. Lower units needs a refresh(10-15K or build sweat equity) and priced accordingly. The easiest entry into investment real estate you'll ever find!

Location

State MI

County Ingham

Community Green Oak

Interior

Heating Natural Gas

Cooling Other

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Utilities Available Cable Available

Building

Sewer Public Sewer

Schools

School District Lansing

View More
Favorite Go Tour