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3330 S Pennsylvania Lansing, MI 48910
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Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,218 sqft
Price per Sqft $122
Subdivision Mi
MLS Listing ID 60019107
Sold Date 08/31/22
Annual Tax Amount $22,241
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 202 x 110
Property Description
Great investment opportunity! 2 buildings included: 17 unit, fully occupied apartment building and free standing Day Care Center* Most tenants are long term* Below market rent rates* Very good tenants* Approx 8% CAP* Building has many recent improvements including pitched roof, vinyl windows, newer asphalt parking area, security cameras* Prime location in central Lansing, next to city park* Extremely well maintained*
Location
State MI
County Ingham
Area Lansing (33021)
Zoning Multi-Family,Professional Office,Commercial
Interior
Heating Baseboard
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Bought with RE/MAX Classic
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