826 N Walnut St
- 8 unit building with finished garden level
- 5 One bedroom
- 3 two-bedroom
- 100% occupied
- Built in 1965
- Seller negotiable
- Additional property available to purchase as package (1216 N. Chestnut St.)
- Affordable entry point into the multifamily market
Property Description
Introducing an investment opportunity in Lansing, MI. This 4,809 SF low-rise property, comprising 8 units, is an attractive prospect for multifamily investors. Built in 1965, this property boasts 100% occupancy, offering a stable income stream from day one. The units are well designed for comfort and convenience, ensuring tenant satisfaction. With its strong rental history and strategic location, this property presents a compelling opportunity for investors seeking a solid addition to their multifamily portfolio in the Lansing area.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $440,000 |
| No. of Units: | 8 |
| Year Built: | 1965 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $55,000 |
| Property Website | Click Here |
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