Lansing, MI 48910,1601 Bailey Street

$155,000

$164,900

6.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

4,791 Sqft Lot


SOLD DATE : 11/12/2024

Key Details

Sold Price $155,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 65024047396

Sold Date 11/12/24

Bedrooms 2

Originating Board Greater Regional Alliance of REALTORS®

Year Built 1908

Annual Tax Amount $2,899

Lot Size 4,791 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 Lansing

Zoning Residential

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

Interior

Interior Features Laundry Facility

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 1.0

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Vinyl

Schools

School District Lansing

Others

Pets Allowed Yes

Tax ID 33010122351091

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by Ricardo S Cottengim of Cody & Co.
Bought with The Stephan Group
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

};