811 Mahlon
Lansing, MI 48906
For Sale
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
4 Months
Appliances
Oven, Range, Refrigerator, Water HeaterBuilding Features More
Room Dimensions More
Property Features More
Schools More
School District: Lansing
Price and Status History More
| Date | List Price | Status |
|---|---|---|
| 11/11/24 | $79,900 -6.0% | For Sale |
| 10/21/24 | $85,000 -4.0% | For Sale |
| 09/03/24 | $88,500 |
Map of 811 Mahlon Lansing, MI 48906
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Listing provided by Elizabeth Fleckenstein, Berkshire Hathaway HomeServices Tomie Raines, 1400 Abbot, Suite 200, East Lansing, MI 48823-3104