1606 COLEMAN Avenue Active

Lansing,MI 48910

$ 268500

5 Beds

5 Baths

2832 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $94

Subdivision Park Place Sub

MLS Listing ID 20250003439

Style Other

Bedrooms 5

Full Baths 5

Year Built 1905

Annual Tax Amount $6,501

Lot Size 10,890 Sqft

Property Sub-Type Other

Property Description

INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.

Location

State MI

County Ingham

Area Lansing

Zoning Multi-Family,Residential

Interior

Heating Radiant

Cooling Window Unit(s)

Exterior

Garage Spaces 10.0

Roof Type Asphalt

Building

Foundation Basement,Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Lansing

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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