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1013 LILAC East Lansing, MI 48823
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Key Details
Sold Price $196,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality East Lansing
Subdivision Lilac Lawn Farm No 1
MLS Listing ID 21034875
Sold Date 12/27/19
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1936
Annual Tax Amount $7,304
Lot Size 6,534 Sqft
Acres 0.15
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 Jackson County - Jx
Direction South West Corner of Narcissus Dr Intersection
Body of Water None
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront No
View Y/N No
Street Surface Paved
Building
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District East Lansing
Others
Tax ID 33-20-01-24-107-008
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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