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506 N Sycamore St, Lansing, MI, 48933

3beds
1baths
1,114sqft
$114,000
$102price/sqft
$1,027/moest. monthly cost
$41,080/yrincome needed

About This Home

Great Investment Opportunity! This charming 3-bedroom, 1-bath home is currently rented for $1,325 per month, with a lease in place through July 2026 offering immediate cash flow for investors. The property features a welcoming front porch, ideal for relaxing outdoors, as well as an additional lot extending 6 feet from the driveway, providing extra space and potential. Inside, you'll find a convenient first-floor primary bedroom, an unfinished basement with updated mechanicals, including a brand new furnace, updated plumbing, plus newer roof. The home has also successfully completed the Lead Safe program, adding further value and peace of mind. This property is a smart addition to any investment portfolio. Don't miss the opportunity to own a high-performing asset in a growing area.

Getting Around

77
WalkingVery Walkable
51
TransitGood Transit
73
BikeVery Bikeable

Schools

4/10
Pattengill AcademyGrades PK-72.0 mi
3/10
J.W. Sexton High SchoolGrades 7-120.9 mi
3/10
Sheridan RoadGrades PK,4-72.3 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block,Stone
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Free-Standing Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Michigan

Bedroom2

  • Level: Second
  • Area: 91.91

Bedroom3

  • Level: Second
  • Area: 101.91999999999999

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Area: 0

Features

  • Window features: Blinds
  • Flooring: Carpet,Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,114

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,832
  • Total interior livable area: 1,114 sqft

Kitchen

  • Level: First
  • Area: 101.91999999999999

Living Room

  • Level: First
  • Area: 147.61999999999998

Master Bedroom

  • Level: First
  • Area: 103.02

Property

Details

  • Parcel number: 33010116106072
  • Zoning description: Zoning
  • Other equipment: None
  • Foundation area: 718

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 5,227 sqft
  • Features: Back Yard
  • Lot size dimensions: 47 x 107.25

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes