East Lansing, MI 48823,1013 LILAC
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East Lansing, MI 48823,1013 LILAC
East Lansing, MI 48823,1013 LILAC
East Lansing, MI 48823,1013 LILAC
East Lansing, MI 48823,1013 LILAC

$196,000

Est. payment /mo

$224,900

12.9%
Est.Price: ?

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1013 LILAC East Lansing, MI 48823

6,534 Sqft Lot

SOLD DATE : 12/27/2019

Key Details

Sold Price $196,000

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lilac Lawn Farm No 1

MLS Listing ID 21034875

Year Built 1936

Annual Tax Amount $7,304

Lot Size 6,534 Sqft

Property Description

This is a great opportunity to own a very profitable rental property in a great neighborhood close to Spartan Stadium and MSU. The house is made up of two units, 1013 Lilac and 906 Narcissus. This property has a class IV rental license which means the house is licensed for 5 tenants, this license is one that the city does not issue to new properties anymore. The appliances will stay with the property. Lease already signed for fall 2020. Tenant pays gas and electric.

Location

State MI

County Ingham

Area Jackson County - Jx

Interior

Heating Forced Air, Natural Gas

Exterior

Waterfront No

View Y/N No

Building

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District East Lansing

Others

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

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Listed by EXIT REALTY 1ST LLC

Karen Austin

Broker Associate

+1(517) 290-4493

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