Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

2729 Martin Luther King Jr Blvd, Lansing, MI, 48906

2beds
2baths
--sqft
$149,000
--price/sqft
$1,262/moest. monthly cost
$50,480/yrincome needed

About This Home

Fully occupied duplex in Lansing offering immediate rental income and strong investment potential. The property is currently rented by a long term family who would love to remain, creating a stable income opportunity. Unit 1 rents for $825 per month and Unit 2 rents for $975 per month, for a total monthly income of $1,800 and annual gross income of $21,600. Each unit includes 1 bedroom, 1 full bathroom, a kitchen, and living space. The property also features a full basement with laundry and storage, off street parking, and a spacious yard. Conveniently located near downtown Lansing with easy access to shopping, dining, major employers, Lansing Community College, Michigan State University, and Capital Region International Airport. Ideal for investors or owner-occupants looking to offset... a mortgage with rental income.

Getting Around

32
WalkingCar-Dependent
29
TransitSome Transit
46
BikeSomewhat Bikeable

Schools

4/10
Cumberland SchoolGrades PK-41.1 mi
3/10
Sheridan RoadGrades PK,4-71.2 mi
3/10
J.W. Sexton High SchoolGrades 7-122.0 mi

Construction

Condition

  • Year built: 1924

Materials

  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Cape Cod
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Flooring: Tile,Wood
  • Finished area above ground: 1,462

Heating & Cooling

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

Property

Details

  • Parcel number: 33010105404081
  • Zoning description: Zoning

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch,Rear Porch
  • Exterior features: Private Yard
  • Fencing: Back Yard,Partial
  • Frontage type: Other

Lot

  • Lot size: 0.38 Acres
  • Features: Back Yard,Front Yard,Private
  • Lot size dimensions: 90.75 x 181

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway
  • Has uncovered spaces: Yes