837 E Shiawassee ST Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48912
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Assrs 22 - Lansing
MLS Listing ID 290321
Year Built 1888
Tax Year 2024
Lot Size 8,276 Sqft
Property Sub-Type Triplex
Property Description
Welcome to 837 E Shiawassee St - an updated, income-generating 3-unit property with a large three car detached garage, in a prime Lansing location. Each unit offers two bedrooms and one full bathroom, with tenants responsible for all utilities, maximizing your net operating income. Conveniently situated near the University of Michigan Health-Sparrow Hospital, Neogen, and the Stadium District, the property is ideally positioned for strong rental demand. Current rents are below market, presenting an opportunity to increase cash flow with potential gross monthly income of $3,000+. With recent updates already completed, this turn-key property is ready for its next investor.
Location
State MI
County Ingham
Community Assrs 22 - Lansing
Interior
Heating Natural Gas
Cooling None
Laundry In Basement
Exterior
Parking Features Additional Parking,Detached,Driveway,Garage
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Building
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA