1021 Hickory Street, Lansing, MI 48912
Local realty services provided by:ERA Prime Real Estate Group
1021 Hickory Street,Lansing, MI 48912
$115,000
- - Beds
- - Baths
- 1,223 sq. ft.
- Multi-family
- Pending
Listed by: randall wolber
Office: simple fee listings
MLS#:81026036873
Source:MI_REALCOMP
Price summary
- Price:$115,000
- Price per sq. ft.:$94.03
About this home
This is an upstairs/downstairs duplex. Since the likely buyer is a landlord, we'll skip the fluff and cut straight to the things a landlord would want to know. This property was bought by three friends as an investment, and it's made a fine investment. But tracking expenses and doing taxes on a property owned by three unrelated individuals has proved a hassle, and all three of us are ready to cash out and do something different. Both units turned over around the same time, and the property is due for its city inspection, so it's a good time to get out. Since purchasing this property in 2019 we have pulled two mechanical permits & two plumbing permits, and just before we bought it the previous owners pulled a roofing permit and an electrical permit. All 6 permits were inspected and passed. This house has passed two rental safety inspections since we've owned it, and been deemed completely up to code. It is now due for reinspection in 2026, but we don't want to deal with that hassle when we can just sell it. Other major things we have done to add value: the sewer line was collapsed when we bought it, we excavated and fixed that, and installed an outdoors cleanout to make future sewer cleanings easier. The basement had been wet and the galvanized steel gas lines were rusty and corroded, so we had them all replaced and also added a new gas line to the laundry since most commercial coin operated dryers use gas. We mitigated the wet basement by installing proper downspouts that go into drainage tile underground and flow into a rain garden in the front yard, then out to the street. If you don't want to deal with the occasional weeding of the rain gardens (they're mostly filled with native wildflowers but need weeding once a year) you can daylight the tile and fill the rain gardens in. Your call. When we bought the property, none of the utilities were split, so the landlord paid all the utilities. We have since had the water split into two separate meters, so tenants now pay for their own water and sewer. We were goin...
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Home facts
- Year built:1908
- Listing ID #:81026036873
- Added:50 day(s) ago
- Updated:September 06, 2026 at 07:38 AM
Rooms and interior
- Basement Description:Full
- Living area:1,223 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1908
- Building area:1,223 sq. ft.
- Lot area:0.74 Acres
- Construction Materials:Aluminum Siding
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer at Street
Finances and disclosures
- Price:$115,000
- Price per sq. ft.:$94.03
- Tax amount:$3,014
Features and amenities
- Laundry features:Common Area, Gas Dryer Hookup, In Basement, Washer Hookup
Parking
- Total parking spaces:3
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