35
See all 35 photos
$268,500
Est. payment /mo
5 Baths
0.25 Acres Lot
Price Dropped by $10K
1606 COLEMAN Avenue Lansing, MI 48910
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Lansing City
Subdivision Lansing City
MLS Listing ID 20250003439
Originating Board Realcomp
Year Built 1905
Annual Tax Amount $6,501
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 42x132
Property Description
INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
Location
State MI
County Ingham
Zoning Multi-Family,Residential
Direction West of S Washington and south of Moores River Drive
Rooms
Basement Michigan Basement
Interior
Heating Radiant
Cooling Window Unit(s)
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Lansing
Others
Tax ID 33010121377131
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition {"Other":true}
Listed by KW Metro