514 N Walnut ST, Lansing, MI 48933
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514 N Walnut ST, Lansing, MI 48933
514 N Walnut ST, Lansing, MI 48933
514 N Walnut ST, Lansing, MI 48933
514 N Walnut ST, Lansing, MI 48933
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Joe Mullaney

Joe Mullaney

+1(517) 204-4004
Listed by Five Star Real Estate - Lansing
$ 158,500
Est. payment /mo
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Active

514 N Walnut ST Lansing, MI 48933

2 Baths

0.32 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Original Of Lansing

MLS Listing ID 294234

Year Built 1894

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 66x104

Property Sub-Type Duplex

Source Greater Lansing Association of REALTORS®

Property Description

WELCOME TO THIS WELL-MAINTAINED TWO-STORY DUPLEX OFFERING A FANTASTIC INVESTMENT OPPORTUNITY WITH STABLE, IMMEDIATE RENTAL INCOME. EACH UNIT FEATURES 2 BEDROOMS AND 1 FULL BATH WITH APPROXIMATELY 1,000 SQUARE FEET OF LIVING SPACE. BOTH UNITS ARE VERY CLEAN, WELL CARED FOR, AND CURRENTLY OCCUPIED BY TENANTS, MAKING THIS A TRUE TURNKEY, INCOME-PRODUCING PROPERTY. ENJOY OPEN AND SPACIOUS FLOOR PLANS FILLED WITH GREAT NATURAL LIGHT THROUGHOUT. THE PROPERTY ALSO INCLUDES A COIN-OPERATED LAUNDRY IN THE BASEMENT, PROVIDING ADDITIONAL REVENUE POTENTIAL. A LARGE PARKING LOT OFFERS AMPLE OFF-STREET PARKING FOR TENANTS. CONVENIENTLY LOCATED NEAR LCC, CLOSE TO DOWNTOWN DINING & NIGHTLIFE, AND JUST MINUTES FROM OLD TOWN & REO TOWN, THIS PROPERTY IS PERFECTLY SITUATED FOR CONTINUED STRONG RENTAL DEMAND A SOLID, STABLE INCOME EARNER READY TO ADD TO YOUR PORTFOLIO.

Location

State MI

County Ingham

Community Original Of Lansing

Direction SAGINAW / WALNUT. SOUTH ON WALNUT TO DUPLEX

Rooms

Basement Full

Interior

Heating Hot Water, Natural Gas

Cooling None

Laundry In Basement, See Remarks

Exterior

Parking Features Concrete, Parking Lot

View Y/N No

Total Parking Spaces 4

Building

Lot Description City Lot

Lot Size Range 0.32

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-16-129-052

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

NEARBY SCHOOLS & PROPERTIES

Joe Mullaney

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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