811 Mahlon Street Lansing, MI 48906
***New updates and improved price!!! Amazing investment opportunity! This adorable 3-bedroom 1 bathroom Bungalow, located in the popular Eastside neighborhood is close to MSU, LCC, Frandor shopping center, the bus route and downtown Lansing, making it an ideal rental unit! The current rental license is active and good through June of 2026. The roof was replaced in 2023 and a new stove/range in 2022. The property will be vacant in early October, but maintained the same renters for 12 years prior. Estimated potential rental income is approximately $1,100 per month. With endless potential, this would also make a wonderful starter home!
property details
Interior Features
Vinyl
Carpet
Refrigerator
Range
Oven
Exterior Features
Shared Driveway
Utility & Building Info
Forced Air
Price History
| date | event | price | source |
|---|---|---|---|
|
12/27/2024
12/27/2024
|
Sold |
$62,700
|
Greater Lansing Association of Realtors |
|
12/09/2024
12/09/2024
|
Pending |
$74,000
|
Greater Lansing Association of Realtors |
|
11/27/2024
11/27/2024
|
Active |
$74,000
|
Greater Lansing Association of Realtors |
|
11/11/2024
11/11/2024
|
Active |
$79,900
|
Greater Lansing Association of Realtors |
|
10/21/2024
10/21/2024
|
Active |
$85,000
|
Greater Lansing Association of Realtors |
|
09/03/2024
09/03/2024
|
Active |
$88,500
|
Greater Lansing Association of Realtors |
Market Trends
Source: Constellation1
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