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Inspired Home Real Estate & Staging

Photo by @LindsayWilkinsonPhotography

East Lansing, MI 48823
517-580-7080
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Listing 9 out of 548
$135,000 For Sale

1416 Jerome Street
Lansing, MI 48912

3 units | Multi Family Home
6926 sq ft lot - MLS# 237660
Property Photo
1/16

Description

Location, Location, Location. Looking for your first or another investment property or maybe looking to live off the rents of the other units, make sure you don't miss this opportunity. Walk into the common foyer and all the units can be assessed through private entry doors. First floor unit is the 2 bedroom 1 bath unit. Nice upgrades in this unit, laundry in the lower level and original fireplace and trim. 2 x 1 bedroom units are both upstairs and accessed through the 2nd floor hallway. Back unit is entirely on 2nd floor with living room, bedroom and eating area in kitchen. Front unit is living and kitchen on 2nd floor and bedroom on the 3rd floor. Newer mechanicals and roof. Licensed with City of Lansing and just renewed. Don't delay, great investment opportunity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Ingham County
  • Zip Code: 48912
  • Year Built: 1913
  • School District: Lansing
  • Style: 2 1/2 Story, Two Story
  • Stories: 2 1/2 Story, 2 Story
  • Units: 3 units
  • Basement: Full
  • # of Parking Spaces: 4
  • Lot Size: 6926 sq ft lot
  • Zoning: Residential
  • Annual Inc & Expense: Gross Rent: 20100.00
  • Annual Inc & Expense: Tax Expense: 3500.00
  • Building 1 Description: 3 unit
  • Directions: Michigan Avenue to Ferguson N. to Jerome E.
  • Driveway: Concrete
  • Exterior: Aluminum Siding, Wood Siding
  • Extras: High Speed Internet
  • Heating: Forced Air - Gas
  • Land & Acreage: Up to 1/4 Acre
  • Lot Dimensions: 42x165
  • Misc Business Info: # Parking: 4
  • Misc Business Info: Construction Type: Res Multi Family
  • Misc Business Info: Parking Surface: Gravel
  • Misc Business Info: Roof Type: Shingle
  • Misc Business Info: Zoning: Residential
  • Roof: Shingle
  • Sewer: Public Sewer
  • SqFt - Above Appx: 1760.00
  • Unit 1 Appliances: Ovens: 1
  • Unit 1 Appliances: Ranges: 1
  • Unit 1 Appliances: Refrigerators: 1
  • Unit 1: Baths: 1.00
  • Unit 1: Bedrooms: 2
  • Unit 1: Finished SqFt: 800
  • Unit 1: Fireplace: 1
  • Unit 1: Monthly Income: 800.00
  • Unit 1: Rooms: 4
  • Unit 1: Unit: 1
  • Unit 2 Appliances: Ovens: 1
  • Unit 2 Appliances: Ranges: 1
  • Unit 2 Appliances: Refrigerators: 1
  • Unit 2: Baths: 1.00
  • Unit 2: Bedrooms: 1
  • Unit 2: Finished SqFt: 480
  • Unit 2: Monthly Income: 450.00
  • Unit 2: Rooms: 3
  • Unit 2: Unit: 2
  • Unit 3 Appliances: Ovens: 1
  • Unit 3 Appliances: Ranges: 1
  • Unit 3 Appliances: Refrigerators: 1
  • Unit 3: Baths: 1.00
  • Unit 3: Bedrooms: 1
  • Unit 3: Finished SqFt: 480
  • Unit 3: Monthly Income: 425.00
  • Unit 3: Rooms: 3
  • Unit 3: Unit: 3
  • Water: Public
  • Water Heater: Gas Natural
Courtesy of Century 21 Looking Glass - East, Joseph Vitale


Inspired Home Real Estate & Staging | 517-580-7080 Contact Us 
1675 Watertower Place Suite 800 - East Lansing, MI 48823
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