Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New boiler - recent mechanical upgrade reduces maintenance costs. Whether you're a first-time investor or expanding your portfolio, this property offers dependable returns in a high-demand area. Proximity to medical facilities, public transit, and amenities make it a desirable rental location. Property sold ''As is''.
For sale
$165,000
602 N Pennsylvania Ave, Lansing, MI 48912
5beds
4baths
--sqft
Est.:
MultiFamily
Built in 1872
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 35 days |
- 671 |
- 44 |
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