602 Pennsylvania AveLansing, MI 48912

This exceptional four-unit apartment building presents a compelling investment opportunity in Lansing, Michigan. Situated on a 0.15-acre lot at 602 N Pennsylvania Ave, 48912, this property enjoys a highly desirable location near Sparrow Hospital and Lansing Eastern. The building, constructed in 1872, is zoned for residential use and features a diverse mix of units to cater to a broad range of tenants. The unit configuration includes one spacious three-bedroom unit, two well-appointed one-bedroom units, and one efficient studio unit. A recently installed newer boiler ensures energy efficiency and minimizes maintenance expenses, contributing to a strong return on investment. The property's APN is 33-01-01-15-126-061. This turnkey investment is priced at $219,000 and offers significant potential for steady rental income and long-term appreciation. Its convenient location and varied unit sizes make it an attractive option for a wide range of renters. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving area of Lansing. Don't miss out on this chance to add a valuable asset to your portfolio.