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$ 278,500
Est. payment /mo
Active
1606 COLEMAN Avenue Lansing, MI 48910 1400
2,832 SqFt
UPDATED:
01/16/2025 06:47 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $98
Subdivision Mi
MLS Listing ID 60365077
Annual Tax Amount $6,501
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 42x132
Property Sub-Type Commercial/Industrial
Property Description
INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
Location
State MI
County Ingham
Area Lansing (33021)
Zoning Multi-Family,Residential
Interior
Heating Hot Water
Exterior
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Vinyl Siding
Others
Energy Description Natural Gas
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250000989
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Metro