Lansing, MI 48906,1216 N Chestnut Street, Lansing, MI 48906
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Lansing, MI 48906,1216 N Chestnut Street, Lansing, MI 48906
Lansing, MI 48906,1216 N Chestnut Street, Lansing, MI 48906
Lansing, MI 48906,1216 N Chestnut Street, Lansing, MI 48906
Lansing, MI 48906,1216 N Chestnut Street, Lansing, MI 48906
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Listed by Bellabay Realty, LLC
$ 349,900
Est. payment /mo
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1216 N Chestnut Street, Lansing, MI 48906 Lansing, MI 48906

0.25 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 285958

Originating Board Greater Lansing Association of REALTORS®

Year Built 1920

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 165 x 66

Property Description

Presenting a fantastic investment opportunity in the heart of Lansing! This property includes four fully occupied units at 1216 N Chestnut, along with the adjacent 1214 N Chestnut, offered as a portfolio sale. In total, these properties boast 7 units, all with reliable tenants in place, ensuring immediate rental income.

Priced at $349,900 (for both properties), this is a prime chance to add a well-maintained multi-unit investment to your portfolio in a growing area. The properties are being sold together, offering great potential for steady cash flow and long-term value.

Don't miss out on this turnkey investment—contact us today for more details or to schedule a tour!

Call the list agent for a showing. 72 hours needed in advance. Laundry for this unit is located in the basement of 1214 N Chestnut.

Location

State MI

County Ingham

Direction From N Martin Luther King Jr Blvd head east down W Willow St. Turn right onto N Chestnut St and located on the left hand side.

Rooms

Basement Exterior Entry, Full

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Laundry See Remarks

Exterior

Parking Features Common, Driveway, On Street, Parking Lot

Roof Type Shingle

Total Parking Spaces 7

Building

Lot Size Range 0.25

Sewer Public Sewer

Schools

School District Lansing

Others

Tax ID 33-01-01-09-303-05i

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


agent

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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1216 N Chestnut Street, Lansing, MI 48906