1606 COLEMAN Avenue Lansing, MI 48910

Multi-Family (2-4 Units) MLS #: 20250003439 Courtesy Of Keller Williams Royal Oak
423 South Washington Ave, Royal Oak, MI 48067

$278,500

5 baths | 2,832 sq ft
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Est. Property Tax: $6,501
Estimated monthly payments: $1,759/mo.* (recalculate)

Property InformationDescription

INVESTORS!!! CASH FLOW DAY ONE! Fully occupied, 5 unit building available. All units consist of 1 bedroom, 1 bathroom, a kitchen, and a living room. NEW ROOF 2023. NEW COMMERCIAL SIZE BOILER 2022. City inspection passed 2024 and rental certificate in good standing. All 5 units are up to date on rent and utility payments. Owner paid utilities charged to residents utilizing the ratio utility billing system. Cash flow up to $4000 a month! No land contracts or subject to. Sold AS IS.
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Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Heating System: Radiant
  • Lot Size: 0.25 Acres
  • Roof Type: Asphalt
  • Rooms: Basement

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1606 COLEMAN Avenue, Lansing, MI 48910
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School Information

1606 COLEMAN Avenue, Lansing, MI 48910

Elementary School
Grades PK-4 | Public School
FORREST G AVERILL SCHOOL
Lansing, MI 48911
3201 Averill Dr
517.­755.1220
Distance: 2.5 mi
School Rating
D
Student:Teacher Ratio
11:1
Total Students
160
Elementary School
Grades PK-3 | Public School
CAVANAUGH SCHOOL
Lansing, MI 48910
300 W Cavanaugh Rd
517.­755.1250
Distance: 1.8 mi
School Rating
B-
Student:Teacher Ratio
14:1
Total Students
249
Elementary School
Grades 4-6 | Public School
SHERIDAN ROAD
Lansing, MI 48906
16900 Cedar St
517.­755.1630
Distance: 3.8 mi
School Rating
D-
Student:Teacher Ratio
16:1
Total Students
311
Elementary School
Grades PK-7 | Public School
LEWTON SCHOOL
Lansing, MI 48911
2000 Lewton Pl
517.­755.1460
Distance: 1.9 mi
School Rating
B-
Student:Teacher Ratio
16:1
Total Students
218
Elementary School
Grades 4-6 | Public School
MT HOPE SCHOOL
Lansing, MI 48910
1215 E Mount Hope Ave
517.­755.1550
Distance: 1.0 mi
School Rating
D
Student:Teacher Ratio
18:1
Total Students
297
Elementary School
Grades PK-6 | Public School
PATTENGILL SCHOOL
Lansing, MI 48912
815 N Fairview Ave
517.­755.1130
Distance: 2.5 mi
School Rating
C+
Student:Teacher Ratio
18:1
Total Students
606
Middle School
Grades 7-12 | Public School
JW SEXTON HIGH SCHOOL
Lansing, MI 48915
102 McPherson Ave
517.­755.1070
Distance: 1.6 mi
School Rating
D+
Student:Teacher Ratio
19:1
Total Students
1077
High School
Grades 7-12 | Public School
JW SEXTON HIGH SCHOOL
Lansing, MI 48915
102 McPherson Ave
517.­755.1070
Distance: 1.6 mi
School Rating
D+
Student:Teacher Ratio
19:1
Total Students
1077
Other Nearby Schools Distance Type Grades School Rating
Lyons School 1.1 mi Public PK-3 D
Cole Academy 1.3 mi Public KG-6 D-
Riddle Elementary School 1.4 mi Public PK-3
Montessori Childrens House 1.5 mi Private PK-6
The Early College Lansing Community College 1.6 mi Public 10-12
Lansing Charter Academy 1.6 mi Public KG-8 B-
Immaculate Heart Of Mary 1.6 mi Private PK-8
Everett High School 1.6 mi Public 7-12 C-
Ingham Academyfamily Center 1.7 mi Public 7-12
Dwight Rich School Of The Arts 1.7 mi Public KG-8 C-
Emanuel Lutheran School 2.0 mi Private KG-8
Kendon School 2.1 mi Public PK-3 C-
Midmichigan Leadership Academy 2.2 mi Public PK-8 D
Reo School 2.2 mi Public PK-3 F
East Intermediate School 2.2 mi Public 5-6 C
Eastern High School 2.2 mi Public 7-12 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lansing, MI 48910

Median Age: 35.2
Married: 27%
Number of Households: 15,568
Households with Children: 22%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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