Lansing, MI 48912,837 E Shiawassee ST
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Lansing, MI 48912,837 E Shiawassee ST
Lansing, MI 48912,837 E Shiawassee ST
Lansing, MI 48912,837 E Shiawassee ST
Lansing, MI 48912,837 E Shiawassee ST
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Listed by Apex Appraisal Company LLC
$ 225,000
Est. payment /mo
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837 E Shiawassee ST Lansing, MI 48912

8,276 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Assrs 22 - Lansing

MLS Listing ID 290321

Year Built 1888

Tax Year 2024

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 49.5x168.96

Source Greater Lansing Association of REALTORS®

Property Description

Welcome to 837 E Shiawassee St - an updated, income-generating 3-unit property with a large three car detached garage, in a prime Lansing location. Each unit offers two bedrooms and one full bathroom, with tenants responsible for all utilities, maximizing your net operating income. Conveniently situated near the University of Michigan Health-Sparrow Hospital, Neogen, and the Stadium District, the property is ideally positioned for strong rental demand.
Current rents are below market, presenting an opportunity to increase cash flow with potential gross monthly income of $3,000+. With recent updates already completed, this turn-key property is ready for its next investor.

Location

State MI

County Ingham

Community Assrs 22 - Lansing

Direction Saginaw to Pennsylvania south to Shiawassee

Rooms

Basement Crawl Space, Interior Entry, Michigan

Interior

Heating Natural Gas

Cooling None

Laundry In Basement

Exterior

Parking Features Additional Parking, Detached, Driveway, Garage

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

Total Parking Spaces 6

Building

Lot Size Range 0.19

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-15-104-131

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


agent

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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837 E Shiawassee ST