821 N Chestnut ST, Lansing, MI 48906
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821 N Chestnut ST, Lansing, MI 48906
821 N Chestnut ST, Lansing, MI 48906
821 N Chestnut ST, Lansing, MI 48906
821 N Chestnut ST, Lansing, MI 48906
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Joe Mullaney

Joe Mullaney

+1(517) 204-4004
Listed by Century 21 Affiliated
$ 225,000
Est. payment /mo
Save
Pending

821 N Chestnut ST Lansing, MI 48906

1 Bath

0.25 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Subdivision Original Of Lansing

MLS Listing ID 294367

Year Built 1875

Tax Year 2025

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66x165

Property Sub-Type Triplex

Source Greater Lansing Association of REALTORS®

Property Description

Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.

Location

State MI

County Ingham

Community Original Of Lansing

Direction Chestnut Street

Rooms

Basement Crawl Space

Interior

Heating Hot Water, Natural Gas

Cooling None

Appliance Electric Water Heater

Laundry Common Area

Exterior

Parking Features Asphalt, Private

View Y/N No

Roof Type Shingle

Total Parking Spaces 6

Building

Lot Description Back Yard, Private

Lot Size Range 0.25

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-09-360-171

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

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

NEARBY SCHOOLS & PROPERTIES

Joe Mullaney

Joe Mullaney

Broker Associate | License ID: mm.mullajos

+1(517) 204-4004

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821 N Chestnut ST

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