1606 COLEMAN Avenue Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48910
Key Details
Property Type Commercial
Sub Type Apartments,Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $93
Subdivision Park Place Sub
MLS Listing ID 20250000989
Bedrooms 5
Year Built 1905
Annual Tax Amount $6,501
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 42x132
Property Sub-Type Apartments,Real Estate Only
Source Realcomp II Ltd
Property Description
INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
Location
State MI
County Ingham
Area Lansing
Zoning Multi-Family,Residential
Direction West of S Washington and south of Moores River Drive
Interior
Hot Water Natural Gas
Heating Hot Water
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Lansing
Others
Tax ID 33010121377131
Ownership Broker/Agent Owned,Short Sale - No
Acceptable Financing Cash,Conventional
Rebuilt Year 2024
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20250000989