$196,000
$224,900
12.9%For more information regarding the value of a property, please contact us for a free consultation.
1013 LILAC East Lansing, MI 48823
1,618 SqFt
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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Bought with NON-MEMBER REALTOR 'SOLD'