Lansing, MI 48910,1601 Bailey Street
Lansing, MI 48910,1601 Bailey Street
Lansing, MI 48910,1601 Bailey Street
Lansing, MI 48910,1601 Bailey Street
Lansing, MI 48910,1601 Bailey Street
Lansing, MI 48910,1601 Bailey Street
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$155,000

$164,900

6.0%
Est.Price: ?

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Est. payment /mo

4,879 Sqft Lot


SOLD DATE : 11/12/2024

Key Details

Sold Price $155,000

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Sold

Purchase Type For Sale

Municipality Lansing City

MLS Listing ID 24047396

Sold Date 11/12/24

Year Built 1908

Annual Tax Amount $2,899

Tax Year 2024

Lot Size 4,879 Sqft

Acres 0.11

Lot Dimensions 42x114

Property Description

Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $950 and the lower unit, which is vacant and ready for new tenants, previously rented at $1,250. The property also includes a coin-operated laundry facility, offering a fantastic opportunity for extra income. With a strong rental history and desirable location, this property is perfect for investors looking to maximize their return on investment. Don't miss out on this exceptional opportunity! Seller is Licensed Realtor

Location

State MI

County Ingham

Area Outside Michric Area - Z

Direction From Cedar take Mount Hope East to Bailey St., North on Bailey to property

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplaces Number 1

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Water Available, Sewer Available

View Y/N No

Total Parking Spaces 1

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Lansing

Others

Tax ID 33-01-01-22-351-091

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

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Listed by Cody & Co.
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