4437 N Grand River Avenue Lansing, MI 48906
Other
MLS #: 293590
Courtesy Of Apex Appraisal Company LLC
724 Abbott Road, East Lansing, MI
724 Abbott Road, East Lansing, MI
Property InformationDescription
Rare opportunity to acquire a 39-unit apartment community comprised of three well-maintained buildings. Strong unit mix with predominantly 2BR/1BA units. Key mechanical upgrades have been completed, including roof, boiler, water, and electrical panels, reducing future capital expenditures. Strategically located across from Capital Region International Airport, providing consistent tenant demand and an attractive value-add investment opportunity.
Features
- Age: Over 50 Years Old
- Amenities: Basement
- Building Units: 39
- Cooling System: Window Unit(s)
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick
- Floors: 2
- Heating System: Baseboard
- Heating System: Hot Water(Heating)
- Legal Description: 33-01-01-06-251-423 - COM SW COR LOT 87, TH N 00DEG 12MIN E 165 FT, N 68DEG 55MIN W 90 FT, S 00DEG 12MIN W 165 FT, S 68DEG 55MIN E 90 FT TO BEG; 33-01-01-06-251-003 - COM NW COR LOT 1, TH S 12 FT, E PARLL WITH S LINE LOT 1 31.76 FT, NW'LY 33.94 FT TO BEG, NORTHWESTERN SUB, ALSO COM INTN S'LY LINE N GRAND RIVER AVE & E LINE ANDREW AVE, TH S 68DEG 55MIN E 84.12 FT ON GRAND RIVER AVE ROW, S 00DEG 12 MIN W 165 FT TO N'LY LINE LOT 1 ABOVE, NW'LY 84 FT TO NW COR SAID LOT, NE'LY 165 FT ON E LINE ANDREW
- MLSID: 293590
MAP & DIRECTIONS
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