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!
Off market
Street View
$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
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
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