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801 N Washington Ave, Lansing, MI 48906

$16,650+/Unit

Commercial property for sale

Added: 03/15/2013
Last Update: 07/22/2013
801 N Washington Ave Lansing, MI 48906 US
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Contact info

  • 517-321-2800 [Office] 

Description

801 N Washington Avenue in Lansing is a 6 unit apartment in downtown Lansing. With a mix of 2, one and shared living space apartments, the property has a well rounded rent roll, ideal for the student population and government employees that call the area home. Sitting on the corner of Madison and Washington Ave, the property looks onto Durant Park in a neighborhood that includes many professional associations and private offices. The location is within walking distance for students of Thomas M. Cooley Law School and Lansing Community College as well as State of Michigan offices, the Capitol building and the new Accident Fund headquarters.Lower level of the property includes a coin op laundry which is owned and maintained separately with revenue sharing.Renovations to the property have included a roof in 2007, furnace in 2006, hot water heater in 2008, new first floor bathroom in 2006 and new exterior staircase in 2012. Building price details: $99,900.

Property Details

  • Type: Multifamily
  • Use Types:Low-Rise/Garden
  • Status: Available
  • Year Built: 1906
  • Year Renovated: 2006
  • MSA: Lansing-East Lansing
  • Buildings: 1
  • ConstructionWood Siding

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Matthew Wisniewski, CCIM
517-321-2800 [Office]

Map Locations