$72,500
$84,900
14.6%For more information regarding the value of a property, please contact us for a free consultation.
811 Larned Street Lansing Twp, MI 48912
2 Beds
1,306 Sqft Lot
Key Details
Sold Price $72,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024004691
Sold Date 06/21/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1908
Annual Tax Amount $3,987
Lot Size 1,306 Sqft
Acres 0.03
Lot Dimensions 39.5x120
Property Description
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Upper unit occupied $695 per month. Lower units needs a cosmetic refresh but priced accordingly to build some sweat equity. The easiest entry into investment real estate you'll ever find!
Location
State MI
County Ingham
Area Lansing Charter Twp
Zoning Residential
Direction Kalamazoo W to Hosmer S to Larned L to Residence
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl,Wood
Schools
School District Lansing
Others
Pets Allowed Yes
Tax ID 33010115356081
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Cody & Co.