$258,500
For Sale

616 W Genesee Street

Lansing, MI 48933
Browse 37 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to 616 W. Genesee Street, a four-plex, located in downtown Lansing close to the capital and steps away from Ferris Park. Current rents of $3,565 a month. This property also includes a vacant, buildable lot next door at 618 W. Genesee St. The building has two one-bedroom units on the main floor, a spacious two-bedroom unit on the second floor with a large balcony, and a unique third-floor one-bedroom unit with a turret and balcony. The basement is expansive and spotless and equipped with washer and dryer for tenants. Current owner has not had any issues getting these units rented in the past. Don't miss out on this cash-flowing deal!

  • Property Details
      • Acres0.41
  • Construction Details
      • Property TypeMulti-Family
      • BasementFull
    • Condition
      • Year Built1885
  • Utilities / Energy Details
      • Utility FeaturesCable Available, Natural Gas Connected, Electricity Connected
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictLansing
      • CountyIngham
  • Financial Details
      • Original List Price$265,000
      • Days on Market (Cumulative)58
  • Other
      • MLS #24037832

Location

Teresa L Molyneux | TJR RealtyReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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