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$159,900   Price Analysis
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522 N Pine St
Lansing, MI 48933
2 bed 2 bath unknown SqFt ($0/SqFt)
8,712SqFt lot. Built 1873
Listed 2024-04-17, Taxes $3,091
Ⓧ USDA Ineligible
due to location

near Lansing

CASH FLOW with this updated duplex

* No Longer For Sale *
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Each unit has 2 beds (potentially 3 upstairs), 1 bath and convenient in-unit laundry. Recent improvements, fresh paint , refinished hardwood floors and updated light and plumbing fixtures. In 2024 a new roof was installed and two new furnaces, ensuring lasting durability and peace of mind for years to come. Will be a licensed rental by closing! Seperate gas and electric. Built for convenience and profitability, each side could bring in $1, 000/month in rental income, making this property an attractive investment opportunity.

Situated in a prime location, this duplex presents excellent rental potential, appealing to tenants seeking proximity to amenities and commuter routes. Plus, with a shard detached garage alongside 524 N Pine. Don't miss out on the chance to capitalize on this promising investment. Schedule a showing today and explore this duplex. With the potential opportunity of investing in 3 units for an even greater return. Sold as a package with MLS# 279928, could bring in $3, 500 in rent monthly.


Presented by David Hall at
EXP Realty - Lansing.
Listing Agent Photo

Property MLS #279929 from GreaterLansingArea

Bedrooms: 2

Total Rooms: 2
Basement Features: Full

Total Bathrooms: 0
Full Bathrooms: 2

Heating Features: Natural Gas
Heating: Yes

Lot Size Acres: 0.2
Lot Size Dimensions: 33X131.9
Lot Size Square Feet: 8712

Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

School District: Lansing

Riddle Elementary School is a public elementary school located approximately 0.8 miles away.
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J.W. Sexton High School is a public middle and high school located approximately 1 miles away.
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K12 International Academy is a private elementary, middle and high school located approximately 0.4 miles away.
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The Keystone School is a private middle and high school located approximately 0.4 miles away.
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Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Rooms in Unit-2: 2

Source Listing Status: Closed
County: Ingham
Directions: East on W Saginaw St, south on N Pine St, house is on the east side of N Pine St.
Tax Year: 2023
Source Property Type: Resid/Multi-Family
Parcel Number: 33-01-01-16-107-042
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$64,200
$3,091
2021$unknown + $unknown
$61,400
$3,020
2019$unknown + $unknown
$52,400
$2,910
2017$unknown + $unknown
$48,800
$2,641
2017$unknown + $unknown
$50,200
$2,641
2016$unknown + $unknown
$47,900
$2,610
2015$unknown + $unknown
$46,500
$2,572
2014$unknown + $unknown
$45,500
$2,536
2013$unknown + $unknown
$45,600
$2,484
2012$unknown + $unknown
$45,532
$2,418
2011$unknown + $unknown
$52,200
$2,167
2010$unknown + $unknown
$55,000
$2,083
2009$unknown + $unknown
$60,800
$2,089
2008$unknown + $unknown
$66,700
$1,656
2007$unknown + $unknown
$65,700
$1,620

Sold 2024-07-03
$159,000
GreaterLansingArea
Listed 2024-04-17
$159,900
GreaterLansingArea

Year Built: 1873
Above Grade Finished Area: 2082
Building Exterior Type: Aluminum Siding
Construction Materials: Aluminum Siding
Levels: Two
Property Age: 151

Sewer: Public Sewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.