DUPLEX INCOME PROPERTY

Multi-Family for Sale
Catylist Listing ID: 30263384
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,212 SF
Gross Land Area: 0.20 Acres
Sale Price: $129,900
Unit Price: $64,950 Per Unit
Property Use Type: Investment
Building Name: Davidson
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2018

Overview / Comments

100% occupied with tenants.

3410 Davidson is a month to month lease
3408 Davidson lease will expire 8/31/2018

Each side rents for $900 a month for a total monthly income of $1800 for both units.

Great investment opportunity for an income property. Each side has 3 beds and 1.5 baths. Perfect for an owner occupant and the ability to rent out the other unit. Don't miss the chance to invest in this duplex!

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-01-33-127-011
Zoning: MULTI FAMILY
Percent Occupied: 100%
Property Located Between: Off Holmes between Washington and Cedar
Highway Access: 496
Airports: Lansing Airport
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1972
Construction/Siding: Brick/Vinyl Siding
Parking Type: Structure
Parking Description: Each Unit has a 1 car attached garage. Also additional parking for the driveways.
Heat Type: Natural Gas
Lot Frontage: 85
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,706 99,677 213,661
Median Age: 35.6 33.31 33.25
Households: 6,964 43,016 84,958

Contact

Photograph of Listing Agent

Tim Sabrosky

Keller Williams Realty-East Commerical
CPIX Member
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