$40,000

Estimated payment $249/month

Total Views 1,490
3 Beds
2 Baths
1,040 Sq Ft
$38 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot: Yes
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • 2-minute walk to Clifford Park

About This Home

SOLD AS IS!...Investor opportunity in a high-demand Lansing rental corridor! This 3-bed, 2-bath home offers strong cash-flow potential with a functional layout, solid bones, and full basement ideal for storage or future value-add. Features include hardwood floors, spacious living areas, and a good-sized lot. Convenient location near schools, shopping, public transportation, and major roadways supports consistent rental demand. Suitable for buy-and-hold, BRRRR, or owner-occupant investment strategy. Priced to allow for improvements and equity upside. Don't miss this income-producing opportunity!

Listing Agent

Cedric Wicks

Five Star Real Estate Listed on: 12/29/2025

Five Star Real Estate

Co-Listing Agent

Derrek Sterken

Coldwell Banker Woodland Schmidt ART Office License #6501451743

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1916

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 91' x 47'
  • Corner Lot: Yes
  • Property is zoned 401 - SFR, 401 - SFR

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Torrance Farm Add Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Traditional
  • Stories: 2
  • Year Built: 1916
  • Location Property Info:Property Sub-Type: Single Family Residence
  • OfficeContract Info:List PriceSqFt2: 38.46
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 91' x 47'
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 1040.0
  • General Property Info:Main Level Primary: Yes
  • Tax Info:Annual Property Tax: 2592.0
  • Tax Info:Zoning3: 401 - SFR
  • Waterfront Options:Water Access YN: No
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • General Property Info:Fireplace: No
  • Driveway:Gravel: Yes
  • Location Property Info:Subdivision2: Torrance Farm Add
  • Water Heater:Natural Gas4: Yes
  • Substructure:Michigan Basement: Yes
  • General Property Info:SqFt Above Grade: 1040.0
  • Laundry Features In Basement: Yes
  • General Property Info Garage YN: No
  • Architectural Style:Traditional: Yes
  • Flooring:Wood Floor: Yes
  • Remarks Misc: Public Remarks: SOLD AS IS!...Investor opportunity in a high-demand Lansing rental corridor! This 3-bed, 2-bath home offers strong cash-flow potential with a functional layout, solid bones, and full basement ideal for storage or future value-add. Features include hardwood floors, spacious living areas, and a good-sized lot. Convenient location near schools, shopping, public transportation, and major roadways supports consistent rental demand. Suitable for buy-and-hold, BRRRR, or owner-occupant investment strategy. Priced to allow for improvements and equity upside. Don't miss this income-producing opportunity!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Broadband
  • Fireplace: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Michigan Basement
  • LivingArea: 1040.0
  • General Property Info:Stories2: 2.0
  • Basement Rooms:Total Basement SQFT: 250.0

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 40000.0
  • Lot Features: Corner Lot
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: In Basement, See Remarks
  • Sewer: Public
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Dimensions: 91' x 47'
  • Lot Size Sq Ft: 3920.0
  • Zoning Description: 401 - SFR

Tax Info

  • Tax Annual Amount: 2592.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $2,527 $41,500 $3,000 $38,500
2024 $21 $31,800 $3,000 $28,800
2023 $2,379 $28,300 $3,000 $25,300
2022 $1,629 $26,200 $2,500 $23,700
2021 $1,592 $23,300 $2,300 $21,000
2020 $1,580 $21,500 $2,300 $19,200
2019 $1,525 $19,600 $2,300 $17,300
2018 $1,448 $17,900 $2,300 $15,600
2017 $1,392 $17,900 $2,300 $15,600
2016 $5,637 $17,600 $2,300 $15,300
2015 $5,637 $17,100 $4,675 $12,425
2014 $5,637 $17,200 $3,553 $13,647
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2025 12/29/25 For Sale $40,000 -- $38 / Sq Ft
Source: MichRIC

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 --
Warranty Deed $9,500 Michigan Investment Title In
Deed $8,580 Michigan Bankers Title Of
Sheriffs Deed $20,000 None Available
Quit Claim Deed -- --
Warranty Deed $35,000 --
Interfamily Deed Transfer -- Professional Title
Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Credit Line Revolving
Previous Owner $50,150 Purchase Money Mortgage
Source: Public Records

Source: MichRIC

MLS Number: 25062778

MichRIC

APN: 01-01-21-484-075