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1404-1406 Lansing Avenue

Jackson, MI 49202
  • $99,900
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • MLS #: 22036945
Under Contract
UPDATED: 47 min ago
$99,900
  • 4
    BEDS
  • 0.49
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,995
    SQFT
  • $50
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Pristine Duplex on large corner lot bordering Monroe St & Lansing Ave has updated vinyl siding, windows and roof. Fully occupied, each unit offers 2BR/1BA, kitchen, dining room, full basement with laundry hook ups where new owner could add coin operated laundry for additional revenue and enclosed front porch and 2 private back decks for tenants. Total of 4 parking spots available for tenants. Generates $1600 gross rent per month. Owner pays for water, sewer, trash removal and maintains lawn and snow removal. City Certified through 12/28/2022. Current tenants are related and would love to stay, leases are currently month-to-month. Both units are very well maintained, a pleasure to show. 24 hour notice is needed. Leases & financials are available for serious buyers.

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© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-09-24T16:02:51.58.
www.c21choward.com/homes/132494254
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1404-1406 Lansing Avenue Jackson, MI 49202

  • Price: $99,900
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 47 min ago
  • MLS #: 22036945
4
Beds
2
Baths
0
½ Baths
0.49
Acres
1,995
SQFT
$50
$/SQFT
1920
Built
Neighborhood:
Jackson City
County:
Jackson
Area:
Jx10 - Jackson County
School District:
Jackson
Property Description
Pristine Duplex on large corner lot bordering Monroe St & Lansing Ave has updated vinyl siding, windows and roof. Fully occupied, each unit offers 2BR/1BA, kitchen, dining room, full basement with laundry hook ups where new owner could add coin operated laundry for additional revenue and enclosed front porch and 2 private back decks for tenants. Total of 4 parking spots available for tenants. Generates $1600 gross rent per month. Owner pays for water, sewer, trash removal and maintains lawn and snow removal. City Certified through 12/28/2022. Current tenants are related and would love to stay, leases are currently month-to-month. Both units are very well maintained, a pleasure to show. 24 hour notice is needed. Leases & financials are available for serious buyers.
Exterior Features

Driveway Gravel Exterior Material Vinyl Siding Lot Description Corner Lot Lot Dimensions 149X135x174x142 Number Of Buildings 1.00 Parking Spaces 4.0000 Road Frontage 149.00 Roofing Composition Street Type PavedPublic Substructure Full Water Access No Waterfront No

Interior Features

Air Conditioning None Basement Yes Extras Sep Electric MeterSep Gas Meter Heat Source Natural Gas Heat Type Forced Air Sq Ft Unit1 997.00 Sq Ft Unit2 997.00 Unit1 Full Baths 1 Unit1 Half Baths 0 Unit2 Full Baths 1 Unit2 Half Baths 0

Property Features

Annual Insurance 1001.00 Annual Mgmt Fees 285.99 Annual Property Tax 2139.69 Association Jackson Area Association Of Realtors Auction Or For Sale For Sale Homestead Percentage 0.00 Mineral Rights Unknown Multifamily Type 2 To 4 Units Net Operating Inc 19200.00 New Construction No Owner Pays Trash CollectionWater Possession Negotiable Rent Unit1 800.00 Rent Unit2 800.00 Sale Conditions None Sewer Public Tax Year 2022 Tenant Pays ElectricGas Terms Available CashConventionalFhaVa Loan Unit1 RefrigeratorSep. Heat SystemW/D Hookup Unit2 RefrigeratorSep. Heat SystemW/D Hookup Util Avl At Street ElectricNatural Gas Utilities Attached CableElectricNatural Gas Water Public

Listing provided courtesy of Heather Herndon of Howard Hanna Real Estate Servi: (517) 787-9800. © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-09-24T16:02:51.58.
 
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