MI > Lansing
Lansing, MI 48915,425/425.5 N Butler BLVD
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Lansing, MI 48915,425/425.5 N Butler BLVD
Lansing, MI 48915,425/425.5 N Butler BLVD
Lansing, MI 48915,425/425.5 N Butler BLVD
Lansing, MI 48915,425/425.5 N Butler BLVD
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Joe Mullaney

Joe Mullaney

+1(517) 204-4004
Listed by EXIT Realty Home Partners
$ 125,000
Est. payment /mo
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Active

425/425.5 N Butler BLVD Lansing, MI 48915

4,791 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 286119

Style Traditional

Year Built 1912

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 33x148.5

Property Sub-Type Duplex

Source Greater Lansing Association of REALTORS®

Property Description

Back on the market as buyer's financing fell through. Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor, 2 sets of W/D's. Shared driveway and a large rear parking lot. This could be an owner-occupied investment property or continue as a multi-family rental. Both units are vacant, and market rate rent is $750 per unit or $1,500 per month. City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property has Section 8 certificate.

Location

State MI

County Ingham

Direction Heading east on Saginaw St (M-43) from Martin Luther King, Jr Blvd, turn right on N Butler Blvd, after two blocks, just south of W Genesee St, the property is on the right.

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Laminate, Linoleum

Appliance Water Heater

Laundry In Basement, See Remarks

Exterior

Parking Features Additional Parking, No Garage, On Site, Parking Lot

Waterfront Description false

View Y/N No

Roof Type Shingle

Porch Front Porch

Total Parking Spaces 4

Building

Lot Description Back Yard

Foundation Block

Lot Size Range 0.11

Sewer Public Sewer

Architectural Style Traditional

Schools

High Schools Lansing

School District Lansing

Others

Senior Community false

Tax ID 33-33-01-01-17-231-271

Acceptable Financing Cash, Conventional, FHA, Contract, MSHDA, VA Loan

Listing Terms Cash, Conventional, FHA, Contract, MSHDA, VA Loan

Joe Mullaney

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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