USAMILansingPark Place1612 S Washington Avenue
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$177,500

Other

5 months ago

1612 S Washington Avenue, Lansing, MI

House

MLS® 294468

0 Bed

2 Bath

1862 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 1862 sqft
Garage 
Taxes 
Days Active 153
Lot Size 0.14 Acres
Approx. Age 1890
Avg. Price Per Sqft $95
MLS® Number 294468

Property Address: 1612 S Washington Avenue, Lansing, MI, 48910

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY INVESTMENT OPPORTUNITY IN LANSING! THIS LICENSED CITY OF LANSING RENTAL QUADPLEX OFFERS STRONG CASH FLOW & CONSISTENT NET RENTAL INCOME. THE PROPERTY FEATURES 4 UNITS INCLUDING 3- EFFICIENCY UNITS & ONE 1-BEDROOM UNIT, ALL WITH LONG-TERM TENANTS PROVIDING STABLE OCCUPANCY. LANDLORD CURRENTLY PAYS UTILITIES & THE PROPERTY STILL PRODUCES TREMENDOUS NET RENTAL INCOME, MAKING THIS AN ATTRACTIVE ADDITION TO ANY INVESTOR'S PORTFOLIO. TENANTS ENJOY THE CONVENIENCE OF ONSITE COIN-OPERATED LAUNDRY, PROVIDING ADDITIONAL INCOME STREAM FOR THE OWNER, AS WELL AS A LARGE PARKING LOT WITH PLENTY OF SPACE FOR BOTH TENANTS & GUESTS. PRIME LOCATION ON CATA BUS LINE & CLOSE TO DOWNTOWN LANSING, REO TOWN, & OLD TOWN WITH EASY ACCESS TO GROCERY & DINING. INVESTOR ALERT! SELLER HAS A 2ND RENTAL OPPORTUNITY TO PURCHASE THE ADJACENT PROPERTY AT 1614 S WASHINGTON, WHICH IS ALSO A QUADPLEX CURRENTLY FOR SALE CREATING THE POTENTIAL TO OWN EIGHT SIDE-BY-SIDE UNITS IN A STRONG RENTAL LOCATION. THIS IS AN EXCELLENT OPPORTUNITY FOR INVESTORS LOOKING TO EXPAND THEIR PORTFOLIO WITH A SOLID INCOME-PRODUCING PROPERTY.
MLS® Number294468
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementMichigan
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

Other

Mar 14, 2026List Date
$177,500List Price
  • Commute

Commute

Starting Address
Destination Address
1612 S Washington Avenue, Lansing, MI

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