1631 N Hagadorn Road, East Lansing, MI 48823 East Lansing, MI 48823

This property is one of 4 duplexes all next to each other on N Hagadorn in East Lansing, each with class IV License. Total cost for the full portfolio is $1,000,000.00 All units are fully occupied. Each has a 1 car attached garage, A/C, walk-out basement, large backyards, and newer roofs. These are excellent investments with no vacancy history. Due to long term tenants, rents are a little below market average of $1,300.00 At current rents, gross income for all properties is $98,880 a year with an estimated NOI of $39,111.00 At market rent rates that would be gross income of $124320.00 with an estimated NOI of $64551.00 These numbers are estimates only based on information provided by property management and do not consider financing expenses.