118 Lansing Street, Eaton Rapids, MI 48827

$124,750

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Sold Price
$124,750
List Price
$150,000
Closing Date
Oct 29, 2025
Status
CLOSED
MLS#
291131
Acres
0.18
Year Built
1880
Subdivision
Leisenring
Days on Market
0

Property Description

Welcome to 118 Lansing Street, a rare duplex investment offering excellent cash flow and smart updates. Each unit provides 2 bedrooms, 1 bath, and laundry hookups, with separate meters in place. Tenants cover all utilities, lawn care, and snow removal, keeping owner expenses low. The main level unit has updated flooring, is currently vacant. The upper unit is also vacant. Rents were $950 for the upstairs unit and $985 for the downstairs unit. With a new roof already in place, major expenses are taken care of. Whether you're an investor looking for a 10%+ cap rate or a buyer planning to live in one unit while renting the other, 118 Lansing Street is a property you won't want to miss.

Additional Information

Amenities
None
Style
Traditional
Exterior
Vinyl Siding
Basement
Full
Garage Description
Driveway
School District
Eaton Rapids
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Private Sewer
Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Stacee Robison (staceerobison@kw.com) from Listing Office: Keller Williams Realty Lansing.

Listing courtesy of Stacee Robison from Keller Williams Realty Lansing


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