1109 E Oakland Avenue, Lansing, MI 48906
$45,000
Property Type:
Residential
Bedrooms:
3
Baths:
1
Square Footage:
864
Lot Size (sq. ft.):
5,663
Status:
Sold
Current Price:
$59,000
List Date:
12/19/2023
Last Modified:
6/21/2024
Description
Who do you know that is looking for rental property that is generating cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $1000/month. The roof was replaced in 2023, the furnace in 2020, and the water heater in 2017. This is a great rental at a great price, don't miss this opportunity!
More Information MLS# 23145293
Location & Property Info
Cross Streets: E Oakland Ave & Johnson Ave
Property Sub-Type: Single Family Residence
Area: Outside MichRIC Area - Z
Municipality: Lansing City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 68.29
General Property Info
New Construction: No
Lot Dimensions: 44x132
Road Frontage: 44
Garage Y/N: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 7
Total Fin SqFt All Levels: 864
SqFt Above Grade: 864
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Lansing
Lot Measurement: Acres
Lot Acres: 0.13
Lot Square Footage: 5663
Year Built: 1919
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 18968
SEV: 22800
For Tax Year: 2022
Seller's Annual Property Tax: 2155.88
Tax Year: 2022
Homestead %: 0
Spec Assessment & Type: Unknown
Zoning: RES
Tax ID #: 01-01-10-330-151
Remarks & Misc
Legal: LOT 3 BLOCK 2 ORCHARD GROVE
Status Change Info
Sold Price/SqFt: 52.08
Under Contract Date: 2024-06-02
Sold Date: 2024-06-17
Sold Price: $45,000
Waterfront Options
Water Access Y/N: No
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Land Contract: 1
Laundry Features
See Remarks: 1
Exterior Material
Wood Siding: 1
Roofing
Composition: 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 Level Square Feet: 432
Total Baths Above Grade: 1
Main Rooms
Main Full Baths: 1
Main Level SQFT: 432
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 432
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 0
Manufactured
Manufactured Y/N: No
Substructure
Full: 1
Water Heater
Natural Gas: 1
Architectural Style
Traditional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Ingham
Street #: 1109
Street Direction: E
Street Name: Oakland
Suffix: Avenue
State: MI
Zip Code: 48906
Zip (4): 5514
OfficeContract Info
Status: Sold
List Price: $59,000
Current Price: $45,000
Listing Date: 2023-12-18
Remarks Misc
Directions: From W Saginaw, continue onto W Oakland Ave. Then take E Oakland Ave to property.
Property Features
Laundry Features: See Remarks
Exterior Material: Wood Siding
Roofing: Composition
Substructure: Full
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Water Heater: Natural Gas
Architectural Style: Traditional
Terms Available: Cash; Conventional; Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Listing Office:
Coldwell Banker Woodland Schmidt ART Office
Listing Agent:
Derrek Sterken
Last Updated: June - 21 - 2024
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