1006 S Pennsylvania Avenue, Lansing City, MI 48912
Ingham County
Key Facts
Description
Investment property with lease in place. Home is currently tenant occupied. Please see attached documents for lease information and additional details.Welcome to 1006 S Pennsylvania Ave, a duplex offering space, updates, and strong long term potential in Lansing. The lower unit has been fully updated with modern finishes, while the upper unit provides additional living space and added income opportunity. Currently tenant occupied with leases in place, this property provides immediate rental income for investors looking to expand their portfolio. Recent improvements include a newer roof and mostly new windows for added value and peace of mind. Situated on a double lot with a fenced yard and detached garage, this property offers flexibility and outdoor space that is hard to find. A great investment opportunity combining updates, income potential, and long term value. Schedule your showing through ShowingTime today for more details on this property.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1929
Lot Size
0.21 acres
Lot Dimensions
44x124
Parking Spaces
2
Days on Market
5
MLS® Listing#
65026035271
Property Features
Heating
Laundry
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$3,994
Tax year 2024
Assessed Value
$47,747
Parcel Number
33010122107212
Affordability Calculator
$29,800
Estimated monthly payment
$793/mo
Principal $119,200 · Est. interest $166,295 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lansing City, MI
- $234,627
- Median Listing Price
- 56
- Median Days on Market
- 1,499
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 14,287
- Active Listings
- This home’s price is 36% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lansing City, MI.
Location
- 1006 S Pennsylvania Avenue, Lansing City, MI 48912
Points of Interest in Lansing City, MI
Showing the Lansing City area map.
Nearby Schools
Bingham Elementary School
Elementary · 0.6 mi away
Resurrection School
School · 0.8 mi away
Mt Hope Elementary School
Elementary · 0.8 mi away
Michigan Association of Non-Public Schools
School · 0.9 mi away
Lansing School District
School · 1.1 mi away
Lansing Board of Education
School · 1.1 mi away
Lansing Catholic High School
Secondary · 1.1 mi away
Eastern High School
Secondary · 1.2 mi away
Pattengill Middle School
School · 1.2 mi away
Little Scholars Preparatory School
School · 1.2 mi away
Presbyterian Church
Elementary · 1.3 mi away
Communities in Schools of Michigan
School · 1.4 mi away
Lansing School District
School · 1.5 mi away
Lyons Elementary School
Elementary · 1.5 mi away
Grand River Elementary School
Elementary · 1.7 mi away
Emanuel Lutheran Child Care-Wels
Elementary · 1.7 mi away
Emanuel First Lutheran Church
School · 1.7 mi away
Riddle Elementary School
Elementary · 1.7 mi away
Cacs Head Start
School · 1.9 mi away
Mid-Michigan Leadership Academy
School · 2.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 29510 Glenwood Street, Inkster City, MI | $104,900 | 3 | 1 | 1,666 |
| 6400 Seminole Street, Detroit City, MI | $104,900 | 8 | 4 | 3,240 |
| 1516 Plymouth Street, Jackson City, MI | $104,900 | 3 | 1 | 1,056 |
| 2913 Howden Street, Muskegon Heights City, MI | $104,900 | 3 | 1 | 924 |
| 3953 19th Street, Ecorse City, MI | $104,900 | 3 | 1 | 1,100 |
| 12580 Maiden Street, Detroit City, MI | $104,900 | 4 | 1 | 1,212 |
Moving Cost Estimate
EXIT Agents in Lansing City
Listing Courtesy: Five Star Real Estate (Ada) - 6164257600
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