1612 S Washington Avenue, Lansing, MI 48910

Lansing
Local realty services provided by:ERA Reardon Realty
1612 S Washington Avenue,Lansing, MI 48910
$177,500
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: john hagerty, jr.
Office: five star real estate - lansing
MLS#:294468
Source:MI_GLAR

Price summary

  • Price:$177,500

About this home

TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4 UNITS INCLUDING 3- EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ENJOY THE CONVENIENCE OF ONSITE COIN-OPERATED LAUNDRY, PROVIDING ADDITIONAL INCOME STREAM FOR THE OWNER, AS WELL AS A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS & GUESTS. PRIME LOCATION ON CATA BUS LINE & CLOSE TO DOWNTOWN LANSING, REO TOWN, & OLD TOWN WITH EASY ACCESS TO GROCERY & DINING. INVESTOR ALERT! SELLER HAS A 2ND RENTAL OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1614 S WASHINGTON, WHICH IS ALSO A QUADPLEX CURRENTLY FOR SALE CREATING THE POTENTIAL TO OWN EIGHT SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. THIS IS...

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Home facts

  • Year built:1890
  • Subdivision & Development:Park Place
  • Listing ID #:294468
  • Added:139 day(s) ago
  • Updated:July 31, 2026 at 03:32 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2
  • Basement Description:Michigan

Heating and cooling

  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Roof:Shingle, Wood
  • Year built:1890
  • Lot area:0.14 Acres
  • Lot Features:City Lot
  • Construction Materials:Vinyl Siding
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$177,500

Features and amenities

  • Laundry features:Common Area

Parking

  • Parking description:Parking Lot

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