3330 S Pennsylvania $1,300,000

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    3330 S Pennsylvania Lansing, MI 48910

    • 10,218 sq. ft.
    • 0.50 Acres
    • Commercial Lease
    • MLS# 60019107
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    Views: 1318 Days On Site: 228

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    Property Details

    Great investment opportunity! 2 buildings included: 17 unit, fully occupied apartment building and free standing Day Care Center* Most tenants are long term* Below market rent rates* Very good tenants* Approx 8% CAP* Building has many recent improvements including pitched roof, vinyl windows, newer asphalt parking area, security cameras* Prime location in central Lansing, next to city park* Extremely well maintained*

    • General Features
      • Acreage 0.5
      • Area Municipality Lansing (33021)
      • County Ingham
      • Originating MLS RealComp
      • Ownership Private
      • Total SqFt Finished 10218
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Multi-Family,Professional Office,Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Baseboard
      • Roofing Asphalt
    • Property Features
      • Lot Size 202 x 110
      • Roads Class A

    Contact

    Abe Quassis

    Abe Quassis

    Associate Broker, CNE

    RE/MAX Classic

    Mobile Phone: 734-718-4455
    Supporting Childrens Miracle Network

    Neighborhood

    48910 (Lansing) Demographics

    33 Median Age
    2,250 Population Density (per sq. mile)
    40% College Educated
    $43,498 Estimated Median Income
    8,760 Estimated Total Home Owners
    6,716 Estimated Total Renters
    57% / 43% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    34,989 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $123,100 Median Sales Price
    62 Homes Sold
    77 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,300,000
        2/15/2022 1:21:05 PM Status Changed Source: Multiple Listing Service New Value: Pending
        1/3/2022 4:21:00 PM New in Database Source: Multiple Listing Service New Value: $1,300,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
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