131 S Hosmer ST Lansing, MI 48912
4,356 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Green Oak
MLS Listing ID 285479
Year Built 1895
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 33x125
Source Greater Lansing Association of REALTORS®
Property Description
GREAT INVESTMENT OPPORTUNITY! ALL UNITS OCCUPIED! Calling all Lansing area new or seasoned investors - 3X's the Income - This one is not to miss! This sought-after 3-unit provides Great Immediate Income. Rents total approximately $2,757 per month currently with potential room for growth. Prime locattion near Lansings Stadium District, Downtown, Sparrow Hospital, MSU Campus and highways/bus routes.
Conveniently located near downtown this three-unit rental offers newer vinyl siding, windows, flooring, paint, and lower roof NEW. All units are rented! All units have separate utilities, including water which is quite costly to do and very rare. Don't miss out on this money-making opportunity!
This property is part of a multi-unit portfolio with diverse income potential. * 131 S Hosmer: 3 UNIT- 2; 2 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented in current leases. Please allow at least 24 hours to schedule showings due to tenant notice.
*Financials & leases available upon request
Location
State MI
County Ingham
Community Green Oak
Direction South on Hosmer, Near Hosmer & Eureka
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling None
Flooring Vinyl
Laundry Other
Exterior
Exterior Feature Lighting
Parking Features Driveway, Off Street
View Y/N No
Roof Type Shingle
Porch Covered, Front Porch, Rear Porch
Total Parking Spaces 4
Building
Lot Description Front Yard, Near Public Transit, Corner Lot
Lot Size Range 0.1
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-15-303-051
Acceptable Financing Cash, Conventional, FHA, MSHDA, VA Loan
Listing Terms Cash, Conventional, FHA, MSHDA, VA Loan