1031 Washington Avenue N $250,000

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    1031 Washington Avenue N Lansing, MI 48906

    • 0.25 Acres
    • Commercial
    • MLS# 248501
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    Views: 29 Days On Market: 43

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    Property Details

    Welcome to this unique opportunity in Old Town. This residential over commercial space offers a great opportunity for a seasoned or new investor. With this area being up and coming and the positive cash flow this is a great opportunity to get in early on this investment property. Newer roof and some newer flooring in main level. Very well cared for and the potential to sign a long term lease with the current owner that is utilizing the entire first floor for their business. A must see.

    • General Features
      • Subdivision None
      • Year Built 1860
      • Current Use Professional Service,Residence
      • County Ingham
      • Zoning Commercial
    • Building Features
      • Appliances Microwave, Oven, Range, Refrigerator
      • Basement Outside Entrance, Partial
      • Extras Cable Installed
      • Garage No Garage
      • Heating Forced Air - Gas
      • Improvements Deck, Foyer
      • Fireplace One
    • Property Features
      • Water Public
      • Sewer Public Sewer
      • Land Acreage Up to 1/4 Acre
      • Driveway Blacktop
    • Schools
      • School District Lansing

    Contact

    Bonita Smith

    Bonita Smith

    REALTOR

    East Lansing

    Cell: 517-402-5307

    Neighborhood

    48906 (Lansing) Demographics

    35 Median Age
    787 Population Density (per sq. mile)
    32% College Educated
    $40,468 Estimated Median Income
    6,813 Estimated Total Home Owners
    3,591 Estimated Total Renters
    65% / 35% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    26,115 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $109,305 Median Sales Price
    36 Homes Sold
    30 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $250,000
        8/6/2020 3:51:00 PM New in Database Source New Value: $250,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.