REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Keller Williams GR East
$ 84,900
Est. payment /mo
Pending
811 Larned ST Lansing, MI 48912
1,324 Sqft Lot
UPDATED:
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
Acres 0.03
Lot Dimensions 39.5x120
Source Greater Lansing Association of REALTORS®
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
Direction Kalamazoo W to Hosmer S to Larned L to Residence
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Other
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Utilities Available Cable Available
View Y/N No
Total Parking Spaces 4
Building
Lot Size Range 0.03
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-15-356-081