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Listed price in listed location currency (USD).
$429,900

060

MLS® 300148

Overview

Key Facts

Type Multi Family
Levels Commercial Sale
Size 4520 sqft
Garage 
Taxes $7,097
Days Active 17
Lot Size 0.26 Acres
Approx. Age 1915
Avg. Price Per Sqft $95
MLS® Number 300148

Property Address: 507 S Hosmer Street, Lansing, MI, 48912

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity - Six Income-Producing Single-Family Homes on One Parcel! An excellent opportunity to acquire a fully occupied, six-home investment portfolio in Lansing! This unique property includes five homes on S. Hosmer and one at 805 Bement, each offering two bedrooms and one bathroom. Unlike a traditional multifamily building, this portfolio features six separate, detached residences, providing tenants with the privacy and independence of single-family living while giving investors six individual rental income streams. With 100% occupancy, this property offers immediate income and meaningful long-term investment potential. Investors have the opportunity to build additional value through strategic rent adjustments, proactive property improvements, and efficient management over time. Whether you're expanding an established rental portfolio or looking for a substantial income-producing investment, this property offers an attractive combination of existing rental income, diversified tenancy, and future growth potential. Six homes. One investment. Multiple income streams. An opportunity to build lasting value!
MLS® Number300148
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1915
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas, Radiant
A/CNone, Ceiling Fan(s)

Extras

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