909 Jerome Street, Lansing, MI 48912

$65,000
4
BD
2,194
SqFt

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List Price
$65,000
Status
ACTIVE
MLS#
297571
Bedrooms
4
Sq. Ft
2,194
Acres
0.25
Year Built
1880
Days on Market
0

Property Description

Investor special with incredible income potential! This fully gutted property has been taken down to the studs, providing the perfect blank canvas to bring your vision to life. With a spacious layout and flexible floor plan, the home offers the potential to be transformed into a four-unit rental property (Zoned R-MX, subject to local approvals), making it an excellent opportunity for investors or developers. Conveniently located just across the street from the University of Michigan Health - Sparrow Hospital, just north of the Michigan Avenue corridor, this property is ideally positioned for short-term rentals, traveling healthcare professionals, or long-term tenants seeking a prime location near downtown Lansing. Much of the demolition has already been completed, allowing you to skip the teardown and move straight into the rebuilding process. Whether you're looking to create a high-performing investment portfolio or renovate and maximize value, this property is full of possibilities. Bring your plans, your contractor, and your imagination - opportunities like this don't come along often!

Additional Information

Taxes
$1,767
Appliances
None
Exterior
Wood Siding
Basement
Full
School District
Lansing
Heating
None
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jonathan Lum (hprteam@exithomepartners.com) from Listing Office: EXIT Realty Home Partners.


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