Home For Sale

Picture of Home For Sale in Lansing, Michigan, United States

$88,500

811 Mahlon St
Lansing, Michigan, United States

3bd 1ba

Listed By: Realtyww Info

Listed On: 09/09/2024

Listing ID: GL11254310 View More Details

Description

Amazing investment opportunity! This adorable 3-bedroom 1 bathroom Bungalow, located in the popular Eastside neighborhood is close to MSU, LCC, Frandor shopping center, the bus route and downtown Lansing, making it an ideal rental unit! The current rental license is active and good through June of 2026. The roof was replaced in 2023 and a new stove/range in 2022. The property will be vacant in early October, but maintained the same renters for 12 years prior. Estimated potential rental income is approximately $1, 100 per month. With endless potential, this would also make a wonderful starter home! Due to the current tenant's work schedule, please schedule all showings on weekends only.

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Listed by: Elizabeth Fleckenstein