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USAMILansingGreen Oak Add130 S 8Th St
130 S 8 Th St, Home with 0 bedrooms, 5 bathrooms and 4 parking in Lansing MI | Image 1
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$240,000

130 S 8 Th St, Lansing, MI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2395 sqft
Garage No
Taxes $7,711
Days Active 80
Lot Size 
Approx. Age 1905
Avg. Price Per Sqft $100
MLS® Number 20250017791

Property Address: 

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

Description

Assume this home's 3.5% mortgage and save thousands annually! Great investment opportunity! This 4-unit multifamily property features a unit mix of (3) two-bedroom units and (1) one-bedroom unit, with tenants covering all utilities. Unit 4 is currently vacant, offering potential for a new tenant or owner-occupancy. The property includes four separate furnaces and multiple hot water tanks, with a new one installed in 2023, and functional stoves in all but one unit. With stable tenants and Section 8 rental support, this property presents a great opportunity for cash flow—don’t miss out! If you're interested in the loan assumption: Existing mortgage has an unpaid balance of approximately $181, 329.00. Current monthly payment is $1, 979.10 with about 26 years remaining. You must qualify for the mortgage assumption, like qualifying for a regular mortgage. Possible package deal available—seller may consider package discounts for a total of four buildings: 531 Bryant St, Kalamazoo, MI 49001, 130 S 8th St, Lansing, MI 48912, 1380 College Ave, Lincoln Park, MI 48146. Monthly rent: Apartment 1 - $787 Apartment 2 - $1099 Apartment 3 - $1099 Apartment 4 - vacantShow Description
MLS® Number20250017791
Laundry LevelGas Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.09
ExteriorLighting
GarageNo
Approx. Age1905
BasementUnfinished
DrivewayUnassigned
Garage Spaces
HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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