1013 W Hillsdale Street, Lansing, MI 48915

$149,900
4
BD
2
BA
1,458
SqFt

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List Price
$149,900
Price Change
▼ $10,100 1788898953
Status
ACTIVE
MLS#
298709
Bedrooms
4
Full-baths
2
Sq. Ft
1,458
Acres
0.18
Year Built
1915
Days on Market
31

Property Description

Add an established income-producing property to your portfolio with this spacious 4-bedroom, 2-bath Lansing home offering over 1,400 sq. ft. of finished living space. Currently rented at $1,627 per month with a long-term tenant of approximately 15 years, providing immediate rental income from day one. The home features one bedroom on the main floor and three additional bedrooms upstairs, two full bathrooms, built-in cupboards offering additional storage and character, and a full unfinished basement. The sewer line was replaced in 2026, adding another valuable improvement for the next owner. Current rent has been maintained below potential market rent, providing an opportunity for future income growth, subject to applicable lease and program requirements. An excellent opportunity for an investor seeking an established rental with a long rental history and room for future income growth. Tenant occupied. Please respect tenant privacy. 48-hour notice required for all showings.

Additional Information

Taxes
$4,751
Appliances
Refrigerator, Oven, Range
Exterior
Vinyl Siding
Basement
Full
School District
Lansing
Heating
Forced Air, Natural Gas
Water
Public
Sewer
Public Sewer
Terms
Cash, FHA, VA Loan, MSHDA, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gary R. Newton (gary@minewtonrealtygroup.com) from Listing Office: RE/MAX Real Estate Professionals.


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