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Off market
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  • $195,200

    4400 Seaway Dr, Lansing, MI 48911

    --beds
    2,048sqft
    MultiFamily
    Built in 1972
    -- sqft lot
    $195,200 Zestimate®
    $95/sqft
    $1,706 Estimated rent

    What's special

    It's a 2 for 1 sale! This 2-unit duplex (horizontally attached) is located in Lansing, just 15 minutes away from MSU. This duplex is a great rental income opportunity for investors and have provided a10% net profit annually to previous owners (monthly rental income available upon request). It can also be converted into a single large home for families. Tenants with great rental history have occupied 1 unit of the duplex (4201 Glenburne) for more than 6 years. This unit contains 3 massive bedrooms, 1 bath, 1 office, a partially finished basement with egress window, a storage shed, and 2 concrete parking spaces. The 2nd unit (4400 Seaway) is a 2-story unit containing 3 large bedrooms, 1.5 baths (1 full bath 2nd story, half bath 1st story), spacious basement, large deck, fenced in yard, and a 2-car attached garage. It's ready for move-in with no work needed!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,048 sqft
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Brick
    • Fencing: Fenced
    • Frontage length: Frontage Feet: 91
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 23504036407001
    • Zoning description: Residential
    • Special conditions: Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Materials
    • Roof: Asphalt
    Condition
    • Remodeled
    • Year built: 1972
    • Major remodel year: 2013

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Sewer at Street
    • Water: Water at Street

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Lansing

    HOA & financial

    Other financial information
    • Total actual rent: 1585

    Other

    Other facts
    • Heating: Forced Air, Natural Gas
    • RoadSurfaceType: Paved
    • Roof: Asphalt
    • ArchitecturalStyle: Ranch
    • Basement: Partially Finished, Basement
    • Appliances: Humidifier, Gas Water Heater
    • ZoningDescription: Residential
    • HeatingYN: true
    • NumberOfUnitsTotal: 2
    • PatioAndPorchFeatures: Deck, Porch
    • CoolingYN: true
    • CurrentFinancing: Conventional, Cash
    • Fencing: Fenced
    • Gas: Natural Gas
    • YearBuiltEffective: 2013
    • NumberOfUnitsLeased: 1
    • Cooling: Central Air
    • FoundationDetails: Poured
    • ParkingFeatures: Garage
    • ExteriorFeatures: Lighting
    • SecurityFeatures: Carbon Monoxide Detector(s)
    • BelowGradeFinishedArea: 500
    • TotalActualRent: 1585
    • ConstructionMaterials: Brick Siding
    • SpecialListingConditions: Sale
    • PropertyCondition: Remodeled
    • WaterSource: Water at Street
    • Sewer: Sewer at Street
    • Exclusions: Exclusions
    • FrontageLength: Frontage Feet: 91
    • MlsStatus: Active
    • TaxAnnualAmount: 4718.0000
    • GrossScheduledIncome: 18021.00
    • NetOperatingIncome: 12077.00
    • Road surface type: Paved
    Services availability
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    $195,200
    2% more+ $3,904
    With Zillow Showcase(estimated)
    $199,104