924 N Capitol Avenue Lansing, MI 48906

$850,000
924 N Capitol Avenue, Lansing, MI 48906
227148

Multi-Family Home for sale in Lansing, MI

for $850,000. This 2,429 square foot home was built in 1900 on a lot size of 0.2500 Acre(s).

Property Information

  • $850,000
  • Multi-Family
  • 2,429 Square Feet
  • Taxes are $3,519
  • 2 Story
  • Active
  • Lot size of 0.2500 Acre(s)
  • Built in 1900
  • Lansing, MI
  • North Lansing Neighborhood
  • Ingham County
  • MLS/Web ID is 227148
  • Just Listed

Description

This is the criteria for one building of a Portfolio with 9 different buildings consisting of 22 units total. These buildings need to be sold as one portfolio. List of addresses and more information in document section. See Exhibit A. 11.2% cap rate

Interior 6

Appliances

  • Oven
  • Range
  • Refrigerator

Basement

  • Other

Heating Source

  • Natural Gas

Heating System

  • Gas Forced Air

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Driveway

  • Gravel/Crushed Stone Driveway

Garage

  • Attached

Roof

  • Shingle Roof

Siding

  • Wood Exterior

† Excluded Feature

Neighborhood & Schools

School District: Lansing

 See complete school information

Listed By

Listing Agent: Sandra Bailey-Bristol
Broker: PREVIEW PROPERTIES.COM

924 N Capitol Avenue, Lansing, MI, 48906 is a Multi-Family Home for sale at $850,000 with 2,429 sqft and a lot size of 0.2500 Acre(s). 924 N Capitol Avenue was built in 1900. The property's zip code is 48906 which is in Lansing, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Lansing $147,596 83 % below $110,500 87 % below
Multi-family listings in Lansing $256,980 70 % below $139,900 84 % below

Get the facts about Lansing, MI!

Population 111,867
Population Growth (since 2000) -5 %
Median Income $36,910
Median Age 34.03
Households w/ Children 26 %

Residential Dwellings

  • Owned 25662
  • Vacant 5250
  • Rented 21784

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