NOT LISTED FOR SALE

126 Grand Manor Dr Grand Ledge, MI 48837

-- Bed
-- Bath
3,780 Sq Ft
0.4 Acres

Last Sold July 14, 2023

Last sale price $305,000 $81 Per Sq Ft

5 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Leon W. Hayes Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet

About This Home

As of July 2023

Grand ledge - brand new offering 4 Plex in a great location to Historic Downtown Grand Ledge and Hwy. 96. Fully rented year after year. Two, two story units with two bedrooms, 1.5 bath with full basements with approximately 1,000 square feet. The end units are ranch style with one bedroom, one bath with nice living area and all have full, dry basements. Estimated square footage is 500. There is a front and back door to each unit plus a garage for each unit. This building has been owned by the same owner for years. The seller will transfer security deposits at close. One unit is month to month # 128, 126 - 132, 136 lease come up in summer of 2023. Two units are available with 24-hour notice for showings. Other units can be shown with an accepted offer. Rents are below market. Shingles 2018
Windows 2016
2016 3 units were changed to 100 amp

Last Agent to Sell the Property

Lynne VanDeventer

Coldwell Banker Professionals -Okemos License #6501128440 Listed on: 05/12/2023

Coldwell Banker Professionals -Okemos

Last Buyer's Agent

Lynley Darden

Five Star Real Estate - Lansing License #6501237640

Five Star Real Estate - Lansing

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 107.23x161.74
  • Front Yard

Parking

  • 4 Car Detached Garage
  • Rear-Facing Garage
  • Driveway
  • Additional Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,780 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Total Actual Rent $33,900

Community Details

Overview

  • 4 Units
  • Grand Manor Subdivision

Building Details

  • Insurance Expense $3,400
  • Other Expense $500
  • New Taxes Expense $600
  • Net Operating Income $21,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Gross Rent: 33900.0
  • Miscellaneous: 500.0
  • Net Income: 21400.0
  • Tax Year: 2022
  • Levels: Two
  • Year Built: 1974
  • Lot Size Acres: 0.4
  • Lot Size: 107.23x161.74
  • Subdivision Name: Grand Manor
  • Above Grade Finished Sq Ft: 3780.0
  • General Property Info:Lot Size Dimensions: 107.23x161.74
  • General Property Info:Above Grade Finished Area: 3780.0
  • Exterior:Aluminum Siding: Yes
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Flooring:Carpet: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:High Speed Internet Available: Yes
  • Roof:Shingle: Yes
  • Exterior:Brick: Yes
  • Flooring:Vinyl2: Yes
  • Tax Info:Taxes2: 8585.0
  • Tax Info:Zoning3: Residential
  • Water Heater:Gas Water Heater2: Yes
  • General Property Info:Building 1 Description: Residential
  • General Property Info:_pound_ of Units: 4
  • Annual Inc Expense:Insurance4: 3400.0
  • Annual Inc Expense:Tax Expense2: 600.0
  • Cooling:WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Daylight, Full
  • Heating: Forced Air
  • Flooring: Carpet, Vinyl
  • Property Type: Resid/Multi-Family
  • Other Equipment: Call Listing Agent
  • Full Basement: Yes
  • Basement:Concrete2: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Lot Features: Front Yard, Near Public Transit
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt
  • Construction Type: Aluminum Siding, Brick
  • Lot Features:Front Yard2: Yes
  • Lot Features:Near Public Transit: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features: Additional Parking, Asphalt, Detached, Driveway, Garage, Garage Faces Rear
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage2: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Detached: Yes
  • General Property Info:Parking Total: 4
  • Parking Features:Garage Spaces2: 4
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Sewer: Public Sewer
  • Appliances: Gas Water Heater
  • Cooling: Wall/Window Unit(s)
  • LaundryFeatures: In Basement
  • Utilities: High Speed Internet Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Grand Ledge

Lot Info

  • Lot Size Sq Ft: 17336.88
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 3400.0
  • Property Net Operating Income: 21400.0

Tax Info

  • New Taxes Expense: 600.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2023 07/14/23 Sold $305,000 +1.7% $81 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $299,900 -- $79 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lynne VanDeventer

    Seller's Agent in 2023

    Lynne VanDeventer

    Coldwell Banker Professionals -Okemos

    (517) 492-3274

    23 in this area

    806 Total Sales

    Section Image
  • Lynley Darden

    Buyer's Agent in 2023

    Lynley Darden

    Five Star Real Estate - Lansing

    3 in this area

    8 Total Sales

    Section Image
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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 272965

Greater Lansing Association of Realtors®

APN: 400 054 600 200 00

Michigan Eaton County Grand Ledge 48837

126 Grand Manor Dr, Grand Ledge, MI

This home is located at 126 Grand Manor Dr, Grand Ledge, MI 48837 since 12 May 2023. This property was built in 1974. 126 Grand Manor Dr is a home located in Eaton County with nearby schools including Wacousta Elementary School, Leon W. Hayes Middle School, and Grand Ledge High School.

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