Sold

1132 N Washington Avenue

Lansing MI, 48906

$725,000


$93.96 per sqft

Sold

4 Baths

7,716 sqft

Commercial

Built in 1897

LIVE, WORK & PROFIT! An extremely rare opportunity to own a landmark 1880s building prominently located on a highly visible corner of always desirable Old Town! Upper level boasts 4 always rented classic spacious, light-filled, lofts w/ high ceilings, shared deck, wood floors, raw brick walls, industrial ductwork upgraded w/ premium appliances, custom cabinetry, washers / dryers in each unit, track lighting, contemporary light fixtures +++. Street level has flexible commercial space (1-3 spaces), w/tin ceilings, wood floors, street parking. Happy, flexible tenants. Well below market rent rates provide great income growth! $100,000+ in technical, aesthetic & other investments! Possible land contract terms! Excellent maintenance history. A true gem; both heart & financially smart!

278583

MLS ID

February 12, 2024

Listed

April 16, 2024

Updated

Map

1132 N Washington Avenue
Lansing MI, 48906

Interior Features

Total Stories

2


Bathrooms

4 Baths


Appliances

Refrigerator, Range


Laundry Description

Inside


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Exterior Features

Private Entrance


Lot Features

City Lot, Level, Zero Lot Line, Corner Lot


Architectual Style

Other


Roof

Flat


Sewer

Public Sewer

School Information

School District

Lansing

Other Property Details

Taxes

$11,588


Tax Frequency

Annually


Garage

No


Parking

Assigned, Off Site, Off Street, On Street, Outside, Parking Lot, Permit Required


Parking Total

12


View

No


County

Ingham


Municipality

Lansing City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

4/16/2024

Sold

$725,000

3/18/2024

Under Contract

Listed by Terry Shellhorn, Century 21 Affiliated, 517-887-0800

Based on information from Greater Lansing Association of REALTORS (GLAR) as of 4/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

©2024 Greater Lansing Association of REALTORS (GLAR). All rights reserved.

Data last updated 7:09 PM UTC, 4/16/2024

 

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