$119,000
Lansing, MI 48933
MLS# 26008561
3 beds | 2 baths | 1320 sqft
1 / 27
Property Description
Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!
Details
Maps
Location & Property Info
Cross Streets: N Walnut St, W Lapeer St
Property Sub-Type: Single Family Residence
Municipality: Lansing City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 90.15
General Property Info
New Construction: No
Lot Dimensions: 35 x 113
Road Frontage: 35
Garage Y/N: Yes
Garage Spaces: 2
Fireplace: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 5
Total Fin SqFt All Levels: 1320
SqFt Above Grade: 1320
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 748
Building Total SqFt: 2068
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Lansing
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.09
Lot Square Footage: 3920
Year Built: 1875
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 37609
SEV: 59300
For Tax Year: 2025
Seller's Annual Property Tax: 1965
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: unknown
Tax ID #: 33-01-01-16-126-022
Remarks & Misc
Public Remarks: Turnkey investment property with rental income! This updated home currently has a tenant in place paying $1,400 per month, with a lease secured through November 15, 2026, offering investors cash flow from day one. Ideally located close to LCC, Quality Dairy, nearby parks, and the Grand River, the property benefits from strong rental demand due to its central location and proximity to local amenities. The home features a traditional floor plan with a bright living room and a spacious dining area, creating an inviting layout that appeals to occupants. An updated kitchen includes durable vinyl flooring and abundant cabinet storage, making it both practical and attractive. Upstairs you'll find all bedrooms, each with neutral paint, comfortable carpeting, and sizable closets, providing functional and appealing living spaces. The basement offers storage potential, while outdoor features include a covered front porch and fenced backyard, adding value and appeal. Don't wait - Inquire today!
Legal: S 17 FT OF W 115 FT LOT 7, ALSO N 18 FT OF W 115 FT LOT 6 BLOCK 62 ORIG PLAT
Street Type
Public: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Vinyl Siding: 1
Roofing
Shingle: 1
Parking Features
Detached: 1
Garage Faces Front: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 2
Upper Level Square Feet: 572
Total Baths Above Grade: 2
Main Rooms
Main Level SQFT: 748
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 748
Driveway
Concrete: 1
Substructure
Full: 1
Additional Items
Ceiling Fan(s): 1
Fencing
Fenced Back: 1
Patio and Porch Features
Patio: 1
Porch(es): 1
Covered: 1
Flooring
Carpet: 1
Architectural Style
Other: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Ingham
Street #: 612
Street Direction: N
Street Name: Walnut
Suffix: Street
State: MI
Zip Code: 48933
Zip (4): 1129
OfficeContract Info
Status: Active
List Price: $119,000
Current Price: $119,000
Listing Date: 2026-03-06
Property Features
Laundry Features: In Basement
Exterior Material: Vinyl Siding
Roofing: Shingle
Substructure: Full
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available
Additional Items: Ceiling Fan(s)
Heat Source: Natural Gas
Heat Type: Forced Air
Fencing: Fenced Back
Flooring: Carpet
Patio and Porch Features: Covered; Patio; Porch(es)
Parking Features: Detached; Garage Faces Front
Architectural Style: Other
Driveway: Concrete
Street Type: Public
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Subject To Tenant Rights
Sale Conditions: None
Room Information
| Room Name | Level |
| Kitchen | Main |
| Dining Area | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
Listing Office: Trowbridge Realty
Listing Agent: Stanley Dickson
Last Updated: March - 25 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.