821 N Chestnut Street, Lansing, MI 48906
Local realty services provided by:CENTURY 21 Affiliated
821 N Chestnut Street,Lansing, MI 48906
$230,000
- - Beds
- 1 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:
- Senada Pargan(517) 505 - 3296CENTURY 21 Affiliated
MLS#:294367
Source:MI_GLAR
Price summary
- Price:$230,000
About this home
Great opportunity to own a fully occupied 3-unit multifamily property generating immediate rental income. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit. Unit 1 rents for $1,000/month, Unit 2 rents for $775/month, and Unit 3 rents for $1,140/month, offering steady cash flow. Recent improvements include a new high-efficiency boiler, new stove installed in one unit, and roof repairs. Additional features include communal access to washer and dryer, an asphalt parking area, and a private backyard for tenant use. All units are currently leased, making this a turnkey investment opportunity for investors seeking an income-producing property. Photos were taken before the tenants moved in.
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Home facts
- Year built:1875
- Listing ID #:294367
- Added:1 day(s) ago
- Updated:March 10, 2026 at 10:50 PM
Rooms and interior
- Total bathrooms:1
- Full bathrooms:1
- Basement Description:Crawl Space
Heating and cooling
- Heating:Heating, Hot Water, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1875
- Lot area:0.25 Acres
- Lot Features:Back Yard, Private
- Construction Materials:Vinyl Siding
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$230,000
Features and amenities
- Appliances:Electric Water Heater
- Laundry features:Common Area
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