$84,900
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811 Larned ST Lansing, MI 48912
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024004691
Year Built 1908
Property Sub-Type MultiFamily
Property Description
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Upper unit occupied $695 per month. Lower units needs a cosmetic refresh but priced accordingly to build some sweat equity. The easiest entry into investment real estate you'll ever find!
Location
State MI
County Ingham
Area Area11011Lansingchartertwp
Interior
Heating ForcedAir, NaturalGas
Laundry None
Exterior
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Lansing
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Cody & Co.