811 Mahlon
Lansing, MI 48906 For Sale

$88,500

1
Baths


Amazing investment opportunity! This adorable 3-bedroom 1 bathroom Bungalow, located in the popular Eastside neighborhood is close to MSU, LCC, Frandor shopping center, the bus route and downtown Lansing, making it an ideal rental unit! The current rental license is active and good through June of 2026. The roof was replaced in 2023 and a new stove/range in 2022. The property will be vacant in early October, but maintained the same renters for 12 years prior. Estimated potential rental income is approximately $1,100 per month. With endless potential, this would also make a wonderful starter home! *Due to the current tenant's work schedule, please schedule all showings on weekends only.


Key Features of 811 Mahlon, Lansing, MI 48906

Downpayment Assistance
Available

Property Type
Single Family Residence

Year Built
1924

Heating
Forced Air, Natural Gas

MLS Number
283270

Time on Market
13 Days

Appliances
Oven, Range, Refrigerator, Water Heater


Basement: Full
Bathrooms: 1 Full
Exterior: Wood Siding
Roof: Shingle


Sewer: Public Sewer
Lot Size: 0.1 acres
Parcel #: 33-01-01-10-477-111
Zoning: Residential
Tax Authority: Lansing City
Taxes: $1,947
State Equalized Value: $37,800
Subdivision: Taylor
County: Ingham


Date List Price Status
09/03/24 $88,500

I want to see 811 Mahlon!

Contact information for 811 Mahlon Lansing, MI 48906

Elizabeth Fleckenstein

(517) 853-6301

(517) 881-6698


Map of 811 Mahlon Lansing, MI 48906


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Copyright Greater Lansing Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
Listing provided by Elizabeth Fleckenstein, Berkshire Hathaway HomeServices Tomie Raines, 1400 Abbot, Suite 200, East Lansing, MI 48823-3104