811 Mahlon Street Lansing, MI 48906
Amazing investment opportunity! This adorable 3-bedroom 1 bathroom Bungalow, located in the popular Eastside neighborhood is close to MSU, LCC, Frandor shopping center, the bus route and downtown Lansing, making it an ideal rental unit! The current rental license is active and good through June of 2026. The roof was replaced in 2023 and a new stove/range in 2022. The property will be vacant in early October, but maintained the same renters for 12 years prior. Estimated potential rental income is approximately $1,100 per month. With endless potential, this would also make a wonderful starter home! *Due to the current tenant's work schedule, please schedule all showings on weekends only.
property details
Interior Features
Laminate Counters
Open Floorplan
Storage
Refrigerator
Range
Oven
Vinyl
Carpet
Exterior Features
City Lot
Shared Driveway
Utility & Building Info
Window Unit(s)
Forced Air
Price History
date | event | price | source |
---|---|---|---|
09/03/2024
09/03/2024
|
Active |
$88,500
|
Greater Lansing Association of Realtors |
Market Trends
Source: Constellation1