4823 S Pennsylvania Ave $350,000


    4823 S Pennsylvania Ave Lansing, MI 48910

    • 4,674 sq.ft.
    • Commercial Sale
    MLS# 30349953 | ACTIVE


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    Days On Market: 97 64 Views
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    Property Details

    Pennsylvania Apartments are located on South Pennsylvania Ave in Lansing, just North of Jolly Rd. 8 2 bedroom units and a single efficiency unit for a total of 9 apartments. The property has separate electric meters for each unit and the Landlord pays for the boiler heat and water and trash. Parking is provided in the rear private lot for all tenants. A storage shed is in the back yard for storage of lawn equipment. A coin operated laundry is located in the building for tenant use. The property has been well maintained and received new roofing in 2017, tile flooring in 6 units, and most appliances have been updated in the past 4 years. City of Lansing rental certificate issued 2/14/2018.

    • General Features
      • Rental Space Available 4674
      • Property subtypes Low-Rise/Garden
      • Sale terms Cash to Seller
      • Use types Investment
      • year built 1968
      • zoning RESIDENTIAL
    • Building Features
      • Air conditioning types Window Unit
      • building name Pennsylvania Apartments
      • Building status Existing
      • building stories 3
      • Heat sources Central
      • Roof type Flat
      • total buildings 1
    • Property Features
      • land size max 0.275
      • land size min 0.275
      • land size unit ACRE


    Matthew Wisniewski

    Commercial Advisor / Managing Broker

    RE/MAX Commercial Group

    Direct: 517-321-2800 x118


    48910 (Lansing) Demographics

    32Median Age
    2,324Population Density (per sq. mile)
    37%College Educated
    $37,824Estimated Median Income
    8,532Estimated Total Home Owners
    7,263Estimated Total Renters
    54% / 46%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    35,338Total Population

    Market Last 30 Days

    $83,450 Median Sales Price
    26 Homes Sold
    44 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $350,000
        11/13/2018 4:31:00 AM New in Database Source

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