1606 COLEMAN AVE Pending

MI 48910

$ 264900

- Bed

5 Baths

2832 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $93

Subdivision Park Place Sub

MLS Listing ID 20250003439

Style Other

Full Baths 5

Year Built 1905

Property Sub-Type MultiFamily

Property Description

INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.

Location

State MI

County Ingham

Area Area11012Lansing

Interior

Heating NaturalGas, Radiant

Cooling WindowUnits

Laundry None

Exterior

Parking Features ParkingLot

Pool None

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, BrickMortar, MichiganBasement

Sewer PublicSewer

Water Public

Schools

School District Lansing

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition AgentOwned, ShortSaleNo

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