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