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$72,500
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Property Description
Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Upper unit occupied $695 per month. Lower units needs a cosmetic refresh but priced accordingly to build some sweat equity. The easiest entry into investment real estate you'll ever find!
Full Property Details
Full Property Details for 811 Larned St
General
- Sold For: $72,500
- Taxes: $3,987
- Status: Closed
- Type: Multi-Family
- Source: SWMRIC_MLS
- MLS ID: 24004691
- Added to Site: 645 day(s) ago
Interior
- Number of Fireplaces: 2
Parking
- Total Spaces: 4
Location
- Area: Grand Rapids - G
- County: Ingham
- Cross Streets: Homer
- Driving Directions: Kalamazoo W to Hosmer S to Larned L to Residence
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Utility Description: Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
Structural Information
- # Buildings: 2
- Construction: Vinyl Siding, Wood Siding
- Basement: Yes
- Year Built: 1908
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,324
- Zoning: res
Financial Considerations
- Tax Amount: $3,987
- Terms: Cash, Conventional
- Landlord Pays: None
- Tenant Pays: Electricity, Water, Trash Collection, Sewer, Gas
Disclosures and Reports
- Documents Avail.: Lead-Based Paint
- Legal Description: LOT 13 BLOCK 11 LANSING IMPROVEMENT COMPANYS ADD
- Property ID: 33-01-01-15-356-081
Listed by Keller Williams GR East, Jessica M Hart
Sold by Cody & Co., Ricardo S Cottengim
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Schools
Schools serving 811 Larned St
School District:Lansing Public School District
| Name | Grades | Distance |
|---|---|---|
Pattengill Academy 815 North Fairview Avenue, Lansing, MI 48912 | PK-6 | 1.4 mi |
Riddle Elementary School, Lansing, MI 221 Huron Street, Lansing, MI 48915 | PK-3 | 1.6 mi |
Eastern High School, Lansing, MI 626 Marshall Street, Lansing, MI 48912 | 7-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 811 Larned St
Date
Details
Price
Change
Source
6/21/2024
Sold
$72,500
-14.61%
MLS
3/18/2024
Price Reduced
$84,900
-5.67%
MLS
1/25/2024
Listed
$90,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
811 Larned Street, Lansing, MI 48912 (MLS# 24004691) is a Multi-Family property that was sold at $72,500 on June 21, 2024. Want to learn more about 811 Larned Street? Do you have questions about finding other Multi-Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

