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425/425.5 N Butler Boulevard, Lansing, MI 48915

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For Sale

$125,000

0.11 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D's in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Current tenant is occupying both units and paying $1,400 per month on a lease through 12/31/25. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.
MLS# 286119

Courtesy Of Exit Realty Home Partners
1000 S Washington, Lansing, MI
(517) 803-2345

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    New Traditional
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate, Linoleum
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 425/425.5 N Butler Boulevard, Lansing, MI 48915

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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