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Lynne VanDeventer

Lynne VanDeventer
The Lynne VanDeventer Team
Coldwell Banker Hubbell BriarWood
Okemos, MI 48864

517-492-3274
Contact Us

 

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Listing 16 out of 496
$79,900 For Sale

228 Woodlawn Avenue
Lansing, MI 48910

3 units | Multi Family Home
9540 sq ft - MLS# 233756
Property Photo
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Description

REO town money maker. 3 units all rented. Just inspected and City Rental License renewed. Rental license valid to 2020. Walking distance to REO town and downtown. 1 block from the bus line. Solid rental history. Separate electrical for each unit but owner pays. End that when their leases expire and make a few changes and you have a great rental property in an up and coming side of town!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Ingham County
  • Zip Code: 48910
  • Year Built: 1908
  • Subdivision/Neighborhood: Johnson
  • School District: Lansing
  • Style: Two Story
  • Stories: 2 Story
  • Units: 3 units
  • Basement: Full, Michigan
  • # of Parking Spaces: 5
  • Lot Size: 9540 sq ft
  • Zoning: Multi-Family
  • Annual Inc & Expense: Gross Rent: 18000.00
  • Annual Inc & Expense: Insurance: 800.00
  • Annual Inc & Expense: Less Fuel: 1743.00
  • Annual Inc & Expense: Miscellaneous: 306.00
  • Annual Inc & Expense: Net Income: 10042.00
  • Annual Inc & Expense: Tax Expense: 2531.00
  • Annual Inc & Expense: Total Expense: 8269.00
  • Annual Inc & Expense: Water/Sewer Expense: 2879.00
  • Building 1 Description: Multi family
  • Directions: Baker Street / South Washington North to Woodlawn Ave then West
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Extras: High Speed Internet, Smoke Alarm
  • Heating: Forced Air - Gas
  • Land & Acreage: Up to 1/4 Acre
  • Lot Dimensions: 47x203
  • Roof: Shingle
  • Sewer: Public Sewer
  • SqFt - Above Appx: 2207.00
  • Unit 1 Appliances: Ranges: 1
  • Unit 1: Baths: 1.00
  • Unit 1: Bedrooms: 2
  • Unit 1: Monthly Income: 600.00
  • Unit 1: Rooms: 4
  • Unit 1: Unit: One
  • Unit 2 Appliances: Ranges: 1
  • Unit 2 Appliances: Refrigerators: 1
  • Unit 2: Baths: 1.00
  • Unit 2: Bedrooms: 1
  • Unit 2: Monthly Income: 450.00
  • Unit 2: Rooms: 5
  • Unit 2: Unit: Two
  • Unit 3: Baths: 1.00
  • Unit 3: Bedrooms: 1
  • Unit 3: Monthly Income: 450.00
  • Unit 3: Rooms: 3
  • Unit 3: Unit: Three
  • Water: Public
  • Water Heater: Gas Natural
Courtesy of Real Estate One 1st, Thomas Hands



The VanDeventer Team | 517-492-3274 | Contact Us
3695 Okemos Road - Okemos, MI 48864
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