509 N Walnut Street new

Lansing,MI 48933

$ 109900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70479222

Year Built 1903

Annual Tax Amount $5,027

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 38x66

Property Sub-Type Multi-Family

Property Description

Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate portfolio. The property's prime location provides convenient access to local amenities, government offices, and vibrant downtown attractions, ensuring continued demand from tenants. With a little TLC and strategic updates, there's significant potential to increase property value and rental income, making this a smart investment for both seasoned investors and newcomers alike. This multi-family asset presents a compelling chance to add value through cosmetic improvements, upgrades, or

Location

State MI

County Ingham

Area Lansing (33021)

Zoning Residential

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Vinyl Siding

Building

Foundation Basement

Structure Type Vinyl Siding

Schools

School District Lansing Public School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,FHA

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