Address
16937 S Us Highway 27 Lansing, MI
Price
$ 1,600,000
Property Attributes
  • MLS#40028383
  • TypeCommercial
  • CountyINGHAM
  • CityLansing
  • AreaLansing
  • NeighborhoodLansing
  • Zip48906
  • StyleCommercial/Industrial
  • Year Built1905
  • Taxes9969
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1656
  • Lot Size5.42 Acres
Listing Provided Courtesy Of:
Vision One Realty
Property Description

Are you looking to make a significant investment in the market of rental property? Take advantage of this opportunity to be the proprietor of almost 8 acres of land, with 80 - 90 mobile homes. Over 50 homes are already rented at $500-600 a month. The property includes a large home as well as three apartments. Located in an ideal area, within walking distance to downtown. If you are looking to expand your business and capitalize on your investment, this deal is for you!

Price History
2/21/2020 Listed $1,600,000

General Features

Class COM/IND/BUS OPP
Directions South of E State Rd and East of N East St
Financial Terms Cash, Conventional
Heating Forced Air
Legal Description BEG 310.5 FT N OF SW COR SEC 34 T5NR2W TH N 300 FT S 300 FT W 787.36 FT TO BEG
Listing Area Lansing (33021)
Municipality Lansing
Originating Mls RealComp
Ownership Private
Roof Asphalt
Source Mls MI Real Source
Status Active
Status Active
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1905
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Brick
Foundation Type Basement
Frontage 91
Lot Dimensions 91X180
Lot Size Area 5.42
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48906

Price
AVG $580K
$1.6M
Taxes
AVG $6,626
$9,969
Visits
AVG 4
9
Year Built
AVG 1938
1905
Walkscore
AVG 46
38
Data Provided by Walkscore ® not using MLS data