$155,000
$164,900
6.0%For more information regarding the value of a property, please contact us for a free consultation.
1601 Bailey Street Lansing, MI 48910
2 Beds
4,791 Sqft Lot
Key Details
Sold Price $155,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024047396
Sold Date 11/12/24
Bedrooms 2
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1908
Annual Tax Amount $2,899
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 42x114
Property Description
Welcome to this fully upgraded multi-family property, featuring a new rear stairway providing easy access to the second unit. Each unit is designed for comfortable living, with the upper unit currently renting for $950 and the lower unit, which is vacant and ready for new tenants, previously rented at $1,250. The property also includes a coin-operated laundry facility, offering a fantastic opportunity for extra income. With a strong rental history and desirable location, this property is perfect for investors looking to maximize their return on investment. Don't miss out on this exceptional opportunity! Seller is Licensed Realtor
Location
State MI
County Ingham
Area Lansing
Zoning Residential
Direction From Cedar take Mount Hope East to Bailey St., North on Bailey to property
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 1.0
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Vinyl
Schools
School District Lansing
Others
Pets Allowed Yes
Tax ID 33010122351091
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with The Stephan Group