602 N Pennsylvania Avenue, Lansing, MI 48912
Local realty services provided by:CENTURY 21 Affiliated
602 N Pennsylvania Avenue,Lansing, MI 48912
$165,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: thomas barrett
Office: keller williams realty lansing
MLS#:290983
Source:MI_GLAR
Price summary
- Price:$165,000
About this home
Fantastic investment opportunity just 2 blocks from U of M Health - Sparrow Hospital! This occupied 4-unit multifamily property includes: One 3-bedroom unit, Two 1-bedroom units, and One efficiency unit. Key highlights: MSHDA subsidized tenants - steady, guaranteed rental income. Long-term tenants - stable occupancy, low turnover. Instant cash flow - fully rented with solid rental history. New boiler - recent mechanical upgrade reduces maintenance costs. Whether you're a first-time investor or expanding your portfolio, this property offers dependable returns in a high-demand area. Proximity to medical facilities, public transit, and amenities make it a desirable rental location. Property sold ''As is''.
Contact an agent
Home facts
- Year built:1872
- Listing ID #:290983
- Added:111 day(s) ago
- Updated:December 24, 2025 at 04:10 PM
Heating and cooling
- Heating:Heating, Hot Water, Radiant
Structure and exterior
- Roof:Flat, Shingle
- Year built:1872
- Lot area:0.15 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
New listings near 602 N Pennsylvania Avenue
- New
$160,000Active4 beds 2 baths1,624 sq. ft.4000 Stabler, Lansing, MI 48910
MLS# 78080064514Listed by: REO-TCFRONT-233021 - Open Sun, 1 to 3pmNew
$89,000Active3 beds 2 baths1,034 sq. ft.1013 N Pennsylvania Avenue, Lansing, MI 48906
MLS# 293199Listed by: KELLER WILLIAMS REALTY LANSING - New
$99,000Active3 beds 2 baths768 sq. ft.1522 Illinois Avenue, Lansing, MI 48906
MLS# 20251061336Listed by: GOLDEN KEY REALTY GROUP LLC - New
$270,000Active2 beds 2 baths2,229 sq. ft.2816 Memory Lane, Lansing, MI 48911
MLS# 293192Listed by: RE/MAX REAL ESTATE PROFESSIONALS - New
$250,000Active3 beds 2 baths2,014 sq. ft.1500 W Saint Joseph Street, Lansing, MI 48915
MLS# 293194Listed by: GOOD COMPANY REALTY - New
$179,000Active3 beds 2 baths1,323 sq. ft.1511 Pattengill Avenue, Lansing, MI 48910
MLS# 293174Listed by: EB REALTY LLC - New
$115,000Active2 beds 1 baths902 sq. ft.1520 Congress Street, Lansing, MI 48906
MLS# 20251059175Listed by: KNE REALTY 360, INC - New
$89,900Active2 beds 1 baths1,118 sq. ft.1824 Davis Avenue, Lansing, MI 48910
MLS# 293179Listed by: RE/MAX REAL ESTATE PROFESSIONALS
$159,000Pending2 beds 1 baths1,378 sq. ft.4613 Stafford Avenue, Lansing, MI 48910
MLS# 25062461Listed by: BELLABAY REALTY (MIDDLEVILLE)- New
$99,900Active2 beds 1 baths671 sq. ft.1335 N Martin Luther King Junior Boulevard, Lansing, MI 48915
MLS# 293172Listed by: RE/MAX REAL ESTATE PROFESSIONALS