Looking for some extra income? This great 4 unit income property located in Lansing features 4 nice size units with two bedrooms, a dining area and living room. Each unit is a little over 1,000 sq feet. The building has a coin washer and coin dryer on each side that is fully serviced by a laundry company. Centrally located near downtown with LCC, Cooley Law School and minutes away from MSU. Parking is behind the property with 12 spots. The Landlord pays for water/sewer, lawn/snow & trash. Each unit has their own electric and gas meter (for the water heater and furnace.) Currently 2 units are occupied, 2 are vacant however a new lease will start the week of 7/15/19. The property is a licensed rental and the registration is already paid with inspection early August 2019.
Off market
$299,500
314 S Martin Luther King Jr Blvd, Lansing, MI 48915
8beds
0baths
4,128sqft
MultiFamily
Built in 1910
-- sqft lot
$299,500 Zestimate®
$73/sqft
$1,156 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Forced air, Gas
Appliances
- Included: Garbage disposal, Range / Oven, Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 4,128 sqft
Property
Features
- Exterior features: Other, Wood
Lot
- Size: 8,712 sqft
Details
- Parcel number: 33010117404231
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Lansing
Other
Other facts
- Basement: Full
- Heating: Forced Air - Gas
- Land & Acreage: Up to 1/4 Acre
- Sewer: Public Sewer
- Type: Two Story
- Water Heater: Gas Natural
- Water: Public
- Extras: Smoke Alarm
- Township/Tax Authority: Lansing City
- Driveway: Blacktop
- Zoning: Residential
- Roof: Flat
- Exterior: Vinyl Siding
Services availability

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$299,500
2% more+ $5,990
With Zillow Showcase(estimated)
$305,490