$149,000
Lansing, MI 48912
MLS# 26014328
1 / 17
Property Description
Multi unit property located at 1006 S Pennsylvania Ave offering a strong investment opportunity. The lower unit has been fully updated with modern finishes, while the upper unit provides additional living space and rental potential. Property is tenant occupied with leases in place, providing immediate income. Recent updates include a new roof and mostly new windows. Situated on a double lot with a fenced yard and detached garage. This property offers excellent long term rental potential and is ideal for investors looking to expand their portfolio.
Details
Maps
Location & Property Info
Cross Streets: Potter-Walsh
Property Sub-Type: 2 to 4 Units
Municipality: Lansing City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 44x124
Financial Available: No
Road Frontage: 44
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2026-12-01
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 2
School District: Lansing
Lot Measurement: Acres
Lot Square Footage: 9148
Lot Acres: 0.21
Year Built: 1929
Tax Info
Taxable Value: 47747
SEV: 70700
For Tax Year: 2024
Seller's Annual Property Tax: 3994
Tax Year: 2024
Homestead %: 0
Spec Assessment & Ty: NA
Zoning: R2
Tax ID #: 33-01-01-22-107-212
Remarks & Misc
Public Remarks: Multi unit property located at 1006 S Pennsylvania Ave offering a strong investment opportunity. The lower unit has been fully updated with modern finishes, while the upper unit provides additional living space and rental potential. Property is tenant occupied with leases in place, providing immediate income. Recent updates include a new roof and mostly new windows. Situated on a double lot with a fenced yard and detached garage. This property offers excellent long term rental potential and is ideal for investors looking to expand their portfolio.
Legal: LOTS 7 & 8 RAIDERS ADD
Util Avail at Street
Public Sewer: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Shingle Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit Description: 3 bed 1 bath updated
SqFt: 131
Occupied: Yes
Monthly Rent: 900
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit Description: 3 bed 2 bath
SqFt: 650
Occupied: Yes
Monthly Rent: 800
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Subject To Tenant Rights: 1
Location Property Info
County: Ingham
Street #: 1006
Street Direction: S
Street Name: Pennsylvania
Suffix: Avenue
State: MI
Zip Code: 48912
Zip (4): 1633
OfficeContract Info
Status: Active
Current Price: $149,000
List Price: $149,000
Listing Date: 2026-04-09
Remarks Misc
Directions: Head south on N Capitol Ave. Turn left onto W Michigan Ave, then take the 2nd exit at the roundabout onto E Michigan Ave. Turn right onto S Cedar St, then left onto the ramp toward I 496 E. Turn right onto S Pennsylvania Ave.
Property Features
Exterior Material: Shingle Siding
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Public Sewer
Owner Pays: Water
Tenant Pays: Electric; Gas; Sewer; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional
Possession: Close Of Escrow; Subject To Tenant Rights
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Listing Office: Five Star Real Estate (Ada)
Listing Agent: Kristeen Hulliberger
Last Updated: April - 09 - 2026
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