$278,500 for Sale
1606 coleman avenue, lansing, MI 48910
Property Description
INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
General Information
Sale Price: $278,500
Price/SqFt: $98
Status: Active
MLS#: rcomi20250000989
City: lansing
Post Office: lansing
Schools: lansing
County: Ingham
Acres: 0.25
Lot Dimensions: 42x132
Size: 2,832 sq.ft.
Acreage: 0.25 est.
Year Built: 1905
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $5,234
Est. Winter Taxes: $1,267
IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
Listing By: Amber Harte of KW Metro, Phone: (248) 288-3500
