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Sold on 02/15/2022

4100 Burchfield Dr, Lansing, MI 48910

$185,000

Last sold 02/15/2022 for $142K

  • —

    bed

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    bath

Multi-family not for sale
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About 4100 Burchfield Dr

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 9,540 Sqft
Movoto estimate
Rental estimate
Property description
Amazing Duplex - both sides currently vacant. Full renovation on both sides February 2022. New A/C units, new front doors, new vinyl windows, new kitchens and new baths. New flooring and new paint. Many new electrical fixtures. Huge cash flow, 935 Sq Ft each unit above grade. Both are 2 bedrooms with a large living room, large kitchen and full basement. Each unit is 1,870 square feet total including the basement. Gross rent potentially $22,440 with each unit rented for $935 - NOI $15,544. 12% cap rate
Listed by
Listing Agent - Derek Bramble
Listing Office - NextHome Reality
Source: Greater Lansing Area Realtors mls logo
MLS#262691 • last updated 4 years ago
Movoto checked Greater Lansing Area Realtors for data 10 minutes ago
Overview
Cooling/AC Central Air
Heating Central, Forced Air
Levels/Style One, Ranch
MLS # 262691
Status Closed
Lot Size (Acres) 0.22
Lot Size (Sqft) 9539.64
Tax Assessed Value 35240
Year Built 1969
Interior
Basement Block, Full
Laundry In Basement
Flooring Carpet, Vinyl
Appliances Gas Water Heater
Exterior
Roof Shingle
Foundation Brick/Mortar, Concrete Perimeter, Permanent
Construction Vinyl Siding
# of Parking Spaces 2
Parking Driveway, No Garage, Private
Patio/Porch Covered, Front Porch
Fencing Back Yard, Chain Link, Fenced
Amenities / Utilities
Water Source Public
Sewer/Septic Public Sewer
Spa None
Pool None
Location
Subdivision Meadow Woods
High School District Lansing
APN 33-01-01-32-277-181
Directions MLK BLVD TO CAVANAUGH - HEAD EAST. LEFT ONTO BURCHFIELD.
Multifamily Details
Total # of Units 2
Net Operating Income 15544
Lot/ Land Details
Road Frontage City Street
Road Surface Asphalt, Paved, Concrete
$185K
Range: $155K-$214K
Last 30 days 
Rental est.: $700/month
Gross rent multiplier: 16.9
  • Mar 2022
    mls logo MLS # 262691
  • Mar 20, 2022 Sold
    $142,000 (+9.3%)
  • Feb 16, 2022 Pending
    —
  • Feb 11, 2022 Listed
    $129,900
  • Year Property taxes Tax assessment
  • 2024
    $5,360 -7.8%
    $55,600 -12.03%
  • 2023
    $5,811 +64.6%
    $63,200 -9.46%
  • 2020
    $3,530 +36.5%
    $69,800 +41.58%
  • 2017
    $2,586 +2.3%
    $49,300 +29.74%
  • 2014
    $2,527
    $38,000
  • 4100 Burchfield Dr
    $142K
  • Old Everett
    $139K +3% y/y
  • 48910
    $139K +3% y/y
  • Lansing
    $150K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kendon School
public Grades PK, K-3
Lansing Public School District
3/10
Attwood School
public Grades 4-7
Lansing Public School District
4/10
Everett High School
public Grades 7-12
Lansing Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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