837 E Shiawassee Street, Lansing, MI 48912

$229,900
3
BA
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List Price
$229,900
Status
ACTIVE UNDER CONTRACT
MLS#
297017
Acres
0.19
Year Built
1888
Subdivision
Assrs 22 - Lansing
Days on Market
0
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(517) 281-4478

Property Description

Welcome to 837 E Shiawassee Street, a turn-key investment opportunity in the heart of Lansing. This maintained triplex features spacious units, each offering 2 bedrooms and 1 full bathroom. Tenants pay all utilities, helping maximize cash flow. Ideally located near University of Michigan Health-Sparrow, Neogen, downtown Lansing, and the Stadium District, the property benefits from strong and consistent rental demand. Current rents are below market value, presenting significant upside potential with projected gross monthly rental income exceeding $3,000. The property also includes a detached three-car garage, providing additional storage, parking, or future income opportunities. Whether you're looking to expand your portfolio or occupy one unit while generating rental income.

(517) 281-4478
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Additional Information

Exterior
Vinyl Siding
Basement
Crawl Space, Michigan, Interior Entry
School District
Lansing
Heating
Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, FHA, Conventional
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Benjamin Parker (ben@apexcollc.net) from Listing Office: Apex Appraisal Company LLC.


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