3501 Simken Drive
- 7,732 SF building
- 12 units
- Built in 1966
- Zoned MFR
- Prime Multifamily / Low-Rise/Garden investment
- Well-maintained property
- Established presence in Lansing area
- Desirable location for renters
- Strong investment potential
- Attractive unit layout
- Convenient access to amenities
- Solid rental history
- Excellent market demand
Property Description
Explore the exceptional investment potential of this prime Multifamily / Low-Rise/Garden property in Lansing, MI. Boasting a 7,732 SF building with 12 well-appointed units, this lucrative opportunity was thoughtfully built in 1966 and is ideally zoned for multifamily residence (MFR). Situated in the sought-after Lansing area, this property offers a solid foundation for a lucrative investment. This property presents an attractive proposition for prospective investors seeking a strong foothold in the thriving Lansing market. Don't miss out on the potential of this outstanding investment opportunity.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $795,000 |
| No. of Units: | 12 |
| Year Built: | 1966 |
| Lot Size: | 0.73 Acres |
| Opportunity Zone: | No |
| Price per unit: | $66,250 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout