$247,500
$259,900
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
2,172 SqFt
SOLD DATE : 08/09/2021
Key Details
Sold Price $247,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,172 sqft
Price per Sqft $113
Subdivision Avondale Sub
MLS Listing ID 2210036482
Sold Date 08/09/21
Style Duplex
Bedrooms 2
Full Baths 2
Half Baths 1
Originating Board Realcomp II Ltd
Year Built 1924
Annual Tax Amount $5,081
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 80.00X135.00
Property Description
621 is a 2-story unit that consists of 3 bedrooms & 1.5 bath with multiple entryways. 619 is a 1 bedroom unit with its own entry, kitchen, bathroom and driveway. Both units have access to a shared basement for washer and dryer access as well as plenty of storage space. Both units also connect from the inside so it can be used as a 4 bed, 2.5 bath house! Large yard and a 2 car garage, as well as plenty of driveway space for 6 additional cars.
THIS PROPERTY HAS AN ACTIVE CLASS IV RENTAL LICENSE (unrelated 4) THAT IS TRANSFERABLE. The license is currently in the process of being renewed by the current owner. Currently between both units the property brings in $2225 ($650/$1575) a month in rent with leases expiring July 28, 2021. New leases with new tenants will begin August 8, 2021 till July 28, 2022. The new lease will bring in $2425 in total monthly rent ($775/$1650). Property still has room for rent increases in 2022-2023.
Agent has ownership/interest in the property.
Location
State MI
County Ingham
Area East Lansing
Zoning Residential
Direction S of Burcham & W of Hagadorn
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District East Lansing
Others
Pets Allowed Yes
Tax ID 33200218204011
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with First Choice Alliance LLC
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