NOT LISTED FOR SALE

823 E César E Chávez Ave Lansing, MI 48906

Northtown Neighborhood
-- Bed
-- Bath
1,285 Sq Ft
2,614 Sq Ft Lot

Last Sold January 05, 2023

Last sale price $79,900 $62 Per Sq Ft

125 Days on Market

About This Home

As of January 2023

Check out this high-value 2 unit home that comes with 2 additional city lots. This home is walking distance away from Old Town and its shopping and restaurants. The lower level is a 2 bedroom and vacant at the moment. The upper is a one bedroom and is occupied with a month to month lease. The home has an active City of Lansing rental license and is in solid condition. Don't miss out on this long term money maker!

Last Agent to Sell the Property

Jeffrey Kelley

RE/MAX Real Estate Professionals License #6501377659 Listed on: 07/26/2022

RE/MAX Real Estate Professionals

Co-Listed By

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Last Buyer's Agent

Peter MacIntyre

RE/MAX Real Estate Professionals License #6506040989

RE/MAX Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 33x77.5

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,285 Sq Ft Home
  • 2-Story Property
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $11,400

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Maintenance Expense $4,000
  • New Taxes Expense $2,078
  • Operating Expense $6,828
  • Net Operating Income $4,572

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Gross Rent: 11400.0
  • Net Income: 4572.0
  • Total Expense: 6828.0
  • Tax Year: 2021
  • Levels: Two
  • Year Built: 1910
  • Lot Size Acres: 0.06
  • Lot Size: 33X77.5
  • Co List Office Mls Id: 894
  • Co List Office Phone: 517-339-8255
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1285.0
  • General Property Info:Lot Size Dimensions: 33X77.5
  • General Property Info:Above Grade Finished Area: 1285.0
  • Levels:Two2: Yes
  • Foundation Details:Block4: Yes
  • Sewer:Public Sewer: Yes
  • Exterior:Vinyl Siding: Yes
  • Cooling:None8: Yes
  • Tax Info:Taxes2: 2078.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Building 1 Description: MULTI FAMILY RESIDENTIAL
  • General Property Info:_pound_ of Units: 2
  • Annual Inc Expense:Insurance4: 750.0
  • Annual Inc Expense:Tax Expense2: 2078.0
  • Annual Inc Expense:Maintenance3: 4000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Interior Entry
  • Heating: Central, Forced Air
  • Property Type: Resid/Multi-Family
  • Basement:Interior Entry: Yes

Exterior Features

  • Foundation Details: Block
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Info:Parking Total: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • LaundryFeatures: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Central: Yes

Schools

  • Junior High Dist: Lansing

Lot Info

  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/05/2023 01/05/23 Sold $79,900 -5.9% $62 / Sq Ft
10/21/2022 10/21/22 Price Changed $84,900 -5.6% $66 / Sq Ft
07/25/2022 07/25/22 For Sale $89,900 -- $70 / Sq Ft
Source: Greater Lansing Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Lansing Association of Realtors®

MLS Number: 267205

Greater Lansing Association of Realtors®