MI > Lansing
Lansing, MI 48912,602 N Pennsylvania AVE
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Lansing, MI 48912,602 N Pennsylvania AVE
Lansing, MI 48912,602 N Pennsylvania AVE
Lansing, MI 48912,602 N Pennsylvania AVE
Lansing, MI 48912,602 N Pennsylvania AVE
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Joe Mullaney

Joe Mullaney

+1(517) 204-4004
Listed by Keller Williams Realty Lansing
$ 165,000
Est. payment /mo
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Active

602 N Pennsylvania AVE Lansing, MI 48912

6,534 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 290983

Year Built 1872

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 43x148.5

Source Greater Lansing Association of REALTORS®

Property Description

Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New boiler - recent mechanical upgrade reduces maintenance costs. Whether you're a first-time investor or expanding your portfolio, this property offers dependable returns in a high-demand area. Proximity to medical facilities, public transit, and amenities make it a desirable rental location. Property sold ''As is''.

Location

State MI

County Ingham

Direction from Michigan Ave. North on Pennsylvania to Orchard East - parking on Orchard - home on corner of Orchard and Pennsylvania

Rooms

Basement Crawl Space, Full, Michigan

Interior

Heating Hot Water, Radiant

Cooling None

Flooring Carpet, Vinyl, Wood

Appliance Gas Water Heater

Laundry None

Exterior

Parking Features Detached, Garage, On Street, Storage

Garage Spaces 2.0

Garage Description 2.0

View Y/N No

Roof Type Flat,Shingle

Total Parking Spaces 3

Building

Lot Description Corner Lot

Lot Size Range 0.15

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-15-126-061

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Joe Mullaney

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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602 N Pennsylvania AVE

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