East Lansing, MI 48823,1013 LILAC

$196,000

$224,900

12.9%
Est.Price: ?

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Est. payment /mo

1,618 SqFt


SOLD DATE : 12/27/2019

Key Details

Sold Price $196,000

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 1,618 sqft

Price per Sqft $121

Subdivision Lilac Lawn Farm No 1

MLS Listing ID 55201903822

Sold Date 12/27/19

Style Upper/Lower Apartment

Originating Board Jackson Area Association of REALTORS®

Year Built 1936

Annual Tax Amount $7,304

Lot Size 6,534 Sqft

Lot Dimensions 72x92

Property Description

This is a great opportunity to own a very profitable rental property in a great neighborhood close to Spartan Stadium and MSU. The house is made up of two units, 1013 Lilac and 906 Narcissus. This property has a class IV rental license which means the house is licensed for 5 tenants, this license is one that the city does not issue to new properties anymore. The appliances will stay with the property. Lease already signed for fall 2020. Tenant pays gas and electric.

Location

State MI

County Ingham

Area East Lansing

Direction South West Corner of Narcissus Dr Intersection

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Structure Type Vinyl

Schools

School District East Lansing

Others

Tax ID 33200124107008

SqFt Source Estimated

Financing Cash,Conventional,FHA

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Realcomp MLS
Listed by Korey Rowlson of EXIT REALTY 1ST LLC
Bought with NON-MEMBER REALTOR 'SOLD'
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219 Hamilton, Birmingham, MI, 48009, United States

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