Olive Fang-Yun Wu
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217 N Magnolia Avenue, Lansing, MI 48912

$150,000
  • 217 N Magnolia Avenue, Lansing, MI 48912 Main Photo

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Active Under Contract
BEDS0 BATHS MLS#294186
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONColumbia Park

Property Description

This 2-unit duplex on the desirable east side of Lansing offers an outstanding investment opportunity just minutes from MSU, Downtown Lansing, and the Frandor Shopping Center. Currently fully occupied and generating $2,160 per month in rental income, this property provides immediate, reliable cash flow. Each unit offers comfortable living space with access to a shared unfinished basement with shared laundry and a fully fenced backyard that adds privacy and outdoor enjoyment for tenants. A detached two-car garage further enhances the propertys value and convenience. With its prime location near major employers, shopping, dining, and campus amenities, this duplex is a smart addition to any investment portfolio.

217 N Magnolia Avenue | MLS# 294186

This multi-family property located at 217 N Magnolia Avenue, Lansing, MI 48912 is currently listed for sale with an asking price of $150,000. Search Lansing real estate on olivewu.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Gas
Garage: 2
Heating: Central, Natural Gas
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1907

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 17
Exterior: Shingle Siding
Flooring: Carpet, Laminate
Laundry: In Basement
Lot: Back Yard, Few Trees, Front Yard
Lot Dimensions: 66x125
Parcel #: 33-01-01-14-152-311
Parking: Detached, Driveway, Garage, Gravel
Patio/Porch: Covered, Front Porch
Road Frontage: City Street
Road Surface: Asphalt
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Units: 2
Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Professionals

Shown By

Agent Name: Olive Fang-Yun Wu
Agent Phone: (419) 318-9372
Agency Title: Key Realty

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Estimated Payment

$ 882.81 per month $839.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.75 Homeowner's Insurance

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