3 months on rocket

616 W Genesee St, Lansing, MI, 48933

$245,000

Home List Price

$2,909*

Closing Credit

0 Baths
Multi

Location

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616 W Genesee St, Lansing$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1885
HeatingNatural Gas, Steam
BasementYes
MLS #65024037832
Lot Size0.41 Acres
StatusActive

About 616 W Genesee St

Cash flowing a 4-unit, located close to downtown, the capital, and steps away from Ferris Park. Rents of $3500+ a month making this a great income generating opportunity or potential a house hack for an owner occupant. The building has one 2 bedroom unit and three one-bedroom units. Large basement clean with washer and dryer for tenants. Unit 1A has all new carpet and paint. Current owner has not had any issues getting these units rented in the past. This property also includes a vacant, buildable lot next door at 618 W. Genesee St. Don't miss out on this cash-flowing deal!

Property Details

Property Features

Property Information:

  • Year Built: 1885

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Connor Anderson

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

Other

Directions Information:

  • Directions: WALNUT TO GENESEE

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
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Housing Market Comparison

See how this home compares to others in Lansing, MI.

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Lansing, MI

City

Med. Sold Price

$150.5K

Med. Price/SqFt

$118

Avg. Days On Market

25

# of Sold Homes

138

616 W Genesee St vs Lansing

117 DAYS ON ROCKET

+92 Days

$245,000

+$94.4K More

KEY TAKEAWAY

This property is $94.4K more than the Median Sold Price in Lansing, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Regional Alliance of REALTORS®
  • MLS Number: #65024037832

Listing Office:

  • Office Name: Keller Williams GR East
  • Office Phone: (616) 575-1800
  • Listing Agent: Connor Anderson

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,290

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-552086
5
/10

  • Willow School

  • 1012 W Willow St

  • 0.78 miles

  • Public District Grades PK-4

school-card-donut-552087
1
/10

  • Gier Park School

  • 401 E Gier St

  • 1.56 miles

  • Public District Grades PK-3

school-card-donut-552088
4
/10

  • East Intermediate School

  • 3131 W Michigan Ave

  • 1.59 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,586. Residents of Lansing, MI typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Ingham County›Lansing›48933›616 W Genesee St

This home is located at 616 W Genesee St in Lansing, MI and zip code 48933 in the Genesse neighborhood. This home, which was built in 1885, sits on a 0.41 acre lot. It has been listed on Rocket Homes since July 23, 2024 and is currently priced at $245,000.

In October 2024 more than 54 listings in Lansing, MI were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 59 were sold below. The number of homes for sale in Lansing, MI increased by 5.9% between September 2024 and October 2024. Listings spent 25 days on the market in October 2024, and had a median list price of $150,550 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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