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Sold on 01/23/2020

117 E North St, Lansing, MI 48906

$124,000

Last sold 01/23/2020 for $75K

  • —

    bed

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    bath

Multi-family not for sale
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About 117 E North St

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Lot size 4,356 Sqft
Movoto estimate
Rental estimate
Property description
Great duplex opportunity with immediate cash flow. 2 bedrooms in upper unit and 2 bedrooms in lower unit. Seller has invested in new furnaces and a/c units for both apartments and water heaters too. Walk up to the home with large front porch. Inside is the original banister and private entry into both units. Unit one has some hardwood throughout, large living room, dining room and 2 bedrooms with full bath and galley style kitchen off the back. Upstairs has 2 beds with kitchen with eating area, and nice sized living room. Parking for 4 cars off fenced backyard with alley access. Unit 1 lease through 7/2020 and Unit 2 lease through 11/2020. Good overall condition and prime location. Don't delay!
Listed by
Listing Agent - Joseph Vitale
Listing Office - Century 21 Affiliated
Source: Greater Lansing Area Realtors mls logo
MLS#243741 • last updated 3 years ago
Movoto checked Greater Lansing Area Realtors for data 1 hour ago
Overview
Heating Forced Air, Natural Gas
Levels/Style Two
MLS # 243741
Status Closed
Lot Size (Acres) 0.1
Lot Size (Sqft) 4356
Tax Assessed Value 27637
Year Built 1908
Interior
Basement Full
Appliances Gas Water Heater
Exterior
Roof Shingle
Construction Aluminum Siding, Wood Siding
# of Parking Spaces 4
Parking Alley Access, No Garage
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Location
Subdivision None
High School District Lansing
APN 33-01-01-09-206-051
Directions Turner To E North St. West To Washington N To Alley East.
Multifamily Details
Total # of Units 2
Net Operating Income 7126
$124K
Range: $84.3K-$163K
Last 30 days 
Rental est.: $820/month
Gross rent multiplier: 7.6 - Good
  • Mar 2020
    Public Records
  • Mar 5, 2020 Sold
    $75,000
  • Mar 2020
    mls logo MLS # 243741
  • Mar 2, 2020 Sold
    $75,000
  • Jan 23, 2020 Listed
    $79,000
  • Mar 2020
    mls logo MLS # 630000243741
  • Mar 2, 2020 Sold
    $75,000 (-5.1%)
  • Jan 23, 2020 Listed
    $79,000
  • Year Property taxes Tax assessment
  • 2024
    $3,473 +6.1%
    $51,100 +5.14%
  • 2023
    $3,272 +35.7%
    $48,600 +11.98%
  • 2020
    $2,411 +10.9%
    $43,400 +34.78%
  • 2017
    $2,174 +12.2%
    $32,200 +17.95%
  • 2014
    $1,937
    $27,300
  • 117 E North St
    $75K
  • Turner-Dodge
    $117K -47% y/y
  • 48906
    $150K +7% y/y
  • Lansing
    $150K -3% y/y
No chart available
Statistics calculated by Movoto

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1/10
Gier Park School
public Grades PK, K-3
Lansing Public School District
5/10
Pattengill Academy
public Grades PK, K-7
Lansing Public School District
3/10
Eastern High School
public Grades 7-12
Lansing Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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