1504 Melrose $154,560

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    1504 Melrose East Lansing, MI 48823

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 224901
    SOLD 6/22/2018

    $154,560

    Days On Market: 361 0 Views
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    Property Details

    Great investment opportunity, in the heart of East Lansing! Spacious duplex offers a class 3 license on each side (2 unrelated or family). 1504 is leased through July 31, 2018 1506 is not currently leased and is perfect for owner occupied or easily rented out as investment. Property is currently using management company. This is an opportunity that you won't want to miss! Seller will pay $4000 towards new roof at closing.

    • General Features
      • Zoning Residential
      • County Ingham
      • Year Built 1957
      • Subdivision Grandview
    • Building Features
      • Basement Full
      • Heating Forced Air - Gas, Other Heating
      • Garage Carport
      • Extras Cable Installed
    • Room Features
      • Unit 1 Appliances Dryers 1
      • Unit 1 Appliances Ovens 1
      • Unit 1 Appliances Refrigerators 1
      • Unit 1 Appliances Washers 1
      • Unit 1 Baths 1.00
      • Unit 1 Bedrooms 4
      • Unit 1 Finished SqFt 1323
      • Unit 1 Monthly Income 895.00
      • Unit 1 Rooms 6
      • Unit 1 Unit 1504
      • Unit 2 Appliances Disposal 1
      • Unit 2 Appliances Dryers 1
      • Unit 2 Appliances Ovens 1
      • Unit 2 Appliances Refrigerators 1
      • Unit 2 Appliances Washers 1
      • Unit 2 Baths 1.00
      • Unit 2 Bedrooms 2
      • Unit 2 Finished SqFt 900
      • Unit 2 Monthly Income 875.00
      • Unit 2 Rooms 4
      • Unit 2 Unit 1506
    • Property Features
      • Water Public
      • Land Acreage Up to 1/4 Acre
      • Sewer Public Sewer
    • Schools
      • School District East Lansing

    Neighborhood

    48823 (East Lansing) Demographics

    24Median Age
    2,254Population Density (per sq. mile)
    73%College Educated
    $40,772 Estimated Median Income
    8,104Estimated Total Home Owners
    11,764Estimated Total Renters
    41% / 59%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    50,531Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $205,000 Median Sales Price
    65 Homes Sold
    76 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        6/22/2018 3:00:00 AM Sold Source New Value: $154,560

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        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.