602 N Pennsylvania Avenue, Lansing, MI 48912
Local realty services provided by:ERA Reardon Realty
602 N Pennsylvania Avenue,Lansing, MI 48912
$165,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:thomas barrett
Office:keller williams realty lansing
MLS#:290983
Source:MI_GLAR
Price summary
- Price:$165,000
About this home
Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New boiler - recent mechanical upgrade reduces maintenance costs. Whether you're a first-time investor or expanding your portfolio, this property offers dependable returns in a high-demand area. Proximity to medical facilities, public transit, and amenities make it a desirable rental location. Property sold ''As is''.
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Home facts
- Year built:1872
- Listing ID #:290983
- Added:54 day(s) ago
- Updated:October 28, 2025 at 01:28 PM
Heating and cooling
- Heating:Heating, Hot Water, Radiant
Structure and exterior
- Roof:Flat, Shingle
- Year built:1872
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
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