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Listed by Achieve Real Estate LLC
$ 124,900
Est. payment /mo
Price Dropped by $2K
922 Dakin ST Lansing, MI 48912
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Excelsior
MLS Listing ID 288258
Year Built 1918
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 33x124
Source Greater Lansing Association of REALTORS®
Property Description
Great Investment Opportunity!
This 2-unit rental property offers tremendous potential for investors. The main level features a spacious 2-bedroom, 1-bathroom unit currently rented, while the upper unit boasts a cozy 1-bed, 1-bath layout, which is also currently rented - Expected market rent $825
Both units are responsible for their own utilities and trash. The property also includes a shared backyard, offering outdoor space for tenants to enjoy. NEW FURNACE 2022
With a rental license in place until 8/1/2026, this property is ready to continue generating steady income for years to come. With current market conditions supporting higher rental rates, there is excellent potential to increase cash flow on this property
This 2-unit rental property offers tremendous potential for investors. The main level features a spacious 2-bedroom, 1-bathroom unit currently rented, while the upper unit boasts a cozy 1-bed, 1-bath layout, which is also currently rented - Expected market rent $825
Both units are responsible for their own utilities and trash. The property also includes a shared backyard, offering outdoor space for tenants to enjoy. NEW FURNACE 2022
With a rental license in place until 8/1/2026, this property is ready to continue generating steady income for years to come. With current market conditions supporting higher rental rates, there is excellent potential to increase cash flow on this property
Location
State MI
County Ingham
Community Excelsior
Direction E Malcolm X St, turn right onto Dakin St
Rooms
Basement Full
Interior
Heating Electric, Forced Air, Natural Gas, Wall Furnace
Cooling None
Laundry In Basement
Exterior
Parking Features No Garage
Fence Fenced
View Y/N No
Total Parking Spaces 3
Building
Lot Size Range 0.09
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Tax ID 33-01-01-22-203-171
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
