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    533 Lexington Avenue

    East Lansing, MI 48823
    • $360,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: 2210046104
    $360,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,960
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:
    Area:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    61X135x61x135

    School Ratings & Info

    School District:

    Description

    This East Lansing multi-family, less than 1 mile from Michigan State University, is available for sale! The property has 6 bedrooms rented annually on one lease for the entire property with tenants paying all utilities. Each floor ("unit") has 3 licenses allowing for one unrelated individual to rent. The first floor is comprised of 3 bedrooms, 1 full bath, laundry room and kitchen. The second floor is comprised of 3 bedrooms, 1 full bath, living room and kitchen. This is a great, income-producing opportunity!

    Monthly Payment Calculator



    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T23:56:51.72.
    www.purchasemi.com/homes/118270059
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    533 Lexington Avenue East Lansing, MI 48823

    • Price: $360,000
    • Status: Active
    • ID#: 2210046104
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,960
    SQFT
    $184
    $/SQFT
    1966
    Built
    Neighborhood:
    East Lansing
    County:
    Ingham
    Area:
    East Lansing
    School District:
    EAST LANSING
    Property Description
    This East Lansing multi-family, less than 1 mile from Michigan State University, is available for sale! The property has 6 bedrooms rented annually on one lease for the entire property with tenants paying all utilities. Each floor ("unit") has 3 licenses allowing for one unrelated individual to rent. The first floor is comprised of 3 bedrooms, 1 full bath, laundry room and kitchen. The second floor is comprised of 3 bedrooms, 1 full bath, living room and kitchen. This is a great, income-producing opportunity!
    Exterior Features

    Architecture Level 2 Story Architecture Style Duplex Construction Materials AluminumBrick Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 61X135x61x135 Pool YN No Road Frontage Feet 61 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement YN No Baths Total 2.00 Heating Baseboard Heating Fuel Electric Room Count 0 Sq Ft Combined 1960 Unit Efficiency Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

    Property Features

    Encroachment YN No Gross Scheduled Income 39240.00 Income Projection Actual Land Contract YN No Listing Financing CashConventional Monthly Rental Income 3270 Net Operating Income 29720.00 Number Of Units Leased 6 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City East Lansing Protection Period 365 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 7231.0000 Tax Amount Winter 978.0000 Title Private - Owned Total Tax 8209.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 533 Lexington Ave Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Gri Homes For Today and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-30T23:56:51.72.
     
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    30500 Northwestern Hwy Ste 300
    Farmington Hills MI, 48334