NOT LISTED FOR SALE

210 Morningside Dr Leslie, MI 49251

-- Bed
-- Bath
3,360 Sq Ft
0.56 Acre Lot

Sale Details

Date Sold: August 6, 2024

Last sale price $407,500 $121 Per Sq Ft

25 Days on Market

About This Home

As of August 2024

Welcome to an exceptional opportunity to own a newly built multi-unit building in a great private location. This property is ideal for investors seeking a high-demand rental property with minimal maintenance and significant value-add potential.

Both buildings comprise 4 modern units, each equipped with top-tier amenities to ensure tenant satisfaction and longevity. Ample parking is available for tenants and guests, adding to the convenience. Each unit features A/C, granite countertops, hardwood floors, large bedrooms, coin-operated washers and dryers, and private decks. These amenities cater to the needs of long-term tenants, ensuring a high retention rate and low vacancies. The property is in high demand, with a waiting list of prospective tenants. Market analysis indicates that rents could be increased by up to 20%, offering substantial income growth potential. Currently half the rents are $980/month and the rest are $1,050/month. Tenants pay all utilities except for water which average $175 per quarter per building.

Minutes from the highway, schools and shopping this is a great location for a long term investment.

Last Agent to Sell the Property

David Hall

Achieve Real Estate LLC License #6502433100 Listed on: 05/31/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2017

Lot Details

  • 24,394 Sq Ft Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property

Basement

  • Shared Basement
  • Laundry in Basement

Parking

  • 10 Parking Spaces
  • Gravel Driveway
  • Additional Parking
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Laundry Facilities
  • Insurance Expense $2,700

Property Details

Home Type

Multi-Family

Year Built

Built in 2017

Lot Details

0.56 Acres

Listing Details

  • Property Type: Resid/Multi-Family
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 3360.0
  • General Property Info:Lot Size Dimensions: undefinedxundefined
  • General Property Info:Above Grade Finished Area: 3360.0
  • General Property Info:_pound_ of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Shared
  • Heating: Forced Air, Natural Gas
  • Levels: Two
  • Levels:Two2: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Common Area: Yes
  • Basement:Shared2: Yes

Exterior Features

  • Roof: Shingle
  • RoadSurfaceType: Paved
  • Patio And Porch Features: Other
  • Construction Type: Vinyl Siding
  • Roof:Shingle: Yes
  • Exterior:Vinyl Siding: Yes
  • Road Surface Type:Paved: Yes
  • Patio Porch Features:Other6: Yes

Garage/Parking

  • Total Parking Spaces: 10.0
  • Parking Features: Additional Parking, Gravel, Parking Lot
  • Attached Garage: No
  • Parking Features:Gravel2: Yes
  • Parking Features:Additional Parking: Yes
  • General Property Info:Parking Total: 10
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • LaundryFeatures: Common Area, In Basement
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes

Schools

  • Junior High Dist: Leslie

Lot Info

  • Lot Size Acres: 0.56
  • Lot Size: undefinedxundefined
  • Lot Size Sq Ft: 24393.6
  • ResoLotSizeUnits: Acres
  • Land Acreage:_one_4 thru 12 Acre: Yes

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2700.0

Tax Info

  • Tax Carrier Route: 9100
  • Tax Info:Taxable Value: 141200.0
  • Tax Info:State Eq Value: 141200.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $407,500 -4.1% $121 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $424,900 -- $126 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,337 $164,600 $10,200 $154,400
2024 $41 $164,600 $10,200 $154,400
2023 $8,082 $141,200 $10,200 $131,000
2022 $7,703 $124,600 $10,500 $114,100
2021 $7,579 $119,500 $10,500 $109,000
2020 $7,471 $116,750 $10,500 $106,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 281032

Greater Lansing Association of Realtors®
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