821 N Chestnut Street, Lansing, MI 48906

Lansing
Local realty services provided by:ERA Reardon Realty
821 N Chestnut Street,Lansing, MI 48906
$225,000
  • - Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: senada pargan
Office: century 21 affiliated
MLS#:294367
Source:MI_GLAR

Price summary

  • Price:$225,000

About this home

Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.

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Home facts

  • Year built:1875
  • Listing ID #:294367
  • Added:49 day(s) ago
  • Updated:April 29, 2026 at 03:05 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Heating, Hot Water, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1875
  • Lot area:0.25 Acres
  • Lot Features:Back Yard, Private
  • Construction Materials:Vinyl Siding
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000

Features and amenities

  • Appliances:Electric Water Heater
  • Laundry features:Common Area

Parking

  • Parking description:Asphalt, Private

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