616 W Genesee Street

Lansing, Michigan 48933

  • 5 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.41
    Acre(Lot)
$239,900

Description

Cash flowing a 4-unit with a current rental certificate, located close to downtown, the capital, and steps away from ferris park. market rents of $3000+ a month making this a great income generating opportunity or potential a house hack for an owner occupant. the building has one 2 bedroom unit and three 1-bedroom units. large basement clean with washer and dryer for tenants. unit 1a has newer carpet and paint. current owner has not had any issues getting these units rented in the past. this property also includes a vacant, buildable lot next door at 618 w. genesee st. don't miss out on this cash-flowing deal!

  • Property Type

    Multifamily

  • County

    Ingham

  • Style

    Multifamily

  • AD ID

    49650062

Sell a home like this and save $13,895 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Interior Features

    • Laundry Facility
    • Roof : Composition

    Heating & Cooling

    • Heating: Steam
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1885
    • Total Units: 4
    • Roof: Composition

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.41
    • Dimensions: 91x99

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $239,900

    Listing Information

    • Possession: At Close
    • Legal Description: Legal for 616 W Genesee St: W 4.5 FT LOT 6 & E 2 R LOTS 7 & 8 BLOCK 74 ORIG PLAT ***This sale also includes the lot next door which is buildable: 618 W GeneseeStreet, Lansing, MI 48933 PIN:01-01-16-106-101 Legal Description: W 53.5 FT OF E 86.5 LOT 7 & S 1 R OF W 49.5 FT OF E 82.5 FT LOT 8 BLOCK 74 ORIG PLAT

  • Tax Information

    • Annual Tax: $7,647
    • Parcel Number: 33010116106111

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: Legal for 616 W Genesee St: W 4.5 FT LOT 6 & E 2 R LOTS 7 & 8 BLOCK 74 ORIG PLAT ***This sale also includes the lot next door which is buildable: 618 W GeneseeStreet, Lansing, MI 48933 PIN:01-01-16-106-101 Legal Description: W 53.5 FT OF E 86.5 LOT 7 & S 1 R OF W 49.5 FT OF E 82.5 FT LOT 8 BLOCK 74 ORIG PLAT

  • Parking Information

    • Parking: 4

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 3

    Unit 2 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.

BuyOwner last updated this listing 05/12/2025 @ 03:05

  • MLS: 626128775
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 5 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.