Sold
Closed
1132 N Washington Avenue
Lansing MI, 48906
$725,000
$93.96 per sqft
Sold
Closed
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 13, 2024
Listed
November 22, 2024
Updated
Map
1132 N Washington Avenue
Lansing MI, 48906
Interior Features
Total Stories
2
Total Bathrooms
4
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 11/22/2024. 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 1:06 PM UTC, 11/22/2024