4733 S Pennsylvania Avenue, Lansing, MI 48910

$229,900
1
BA

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List Price
$229,900
Days on Market
16
MLS#
26035853
Status
ACTIVE BACKUP
Type
Multifamily
Bathrooms
1

Property Description

Excellent investment opportunity in a prime Lansing location! This well-maintained duplex at 4733 & 4735 S. Pennsylvania Ave. is conveniently located near Michigan State University, shopping, dining, public transportation, and major employers. Both units have been extensively updated and offer strong rental appeal. Recent improvements include newer appliances, new washers and dryers, new hot water heaters, all-new electric baseboard heating systems and thermostats, remodeled bathrooms, a new sewer line (2023), and a newly issued rental license valid for three years. The upper unit features newer windows, vinyl plank flooring, and is currently leased month-to-month, offering owner flexibility. The lower unit features tile flooring with new vinyl plank in the bathroom and is occupied by a long-term tenant with a lease in place through March 2027. A turnkey investment with major capital improvements already completed. Please allow 48 hour notice to show.

Additional Information

Owner Pays
Trash Collection
Taxes
$5,289
Acres
0.02
Basement
Walk-Out Access, Other
Heating
Baseboard
Roofing
Composition
School District
Lansing
Tenant Pays
Electricity, Water
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Clifford Risner from Listing Office: Executive Brokers Residential and Commercial Real Estate.

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