425/425.5 N Butler Boulevard

  • $125,000
425/425.5 N Butler Boulevard, Lansing, MI 48915

Overview

Property ID: 286119
  • Apartment
  • Property Type
  • ********
  • Bedroom
  • ********
  • Bathroom
  • ********
  • Sq Ft
  • 1912
  • Year Built
For Sale
425/425.5 N Butler Boulevard, Lansing, MI 48915
  • $125,000

Overview

Property ID: 286119
  • Apartment
  • Property Type
  • ********
  • Bedroom
  • ********
  • Bathroom
  • ********
  • Sq Ft
  • 1912
  • Year Built

Description

Solid investment property with long rental history. This two-story duplex has 1,407 square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with bonus room on 3rd floor. 2 sets of W/D’s in basement. Shared driveway with 427 N Butler leads to large parking lot in rear. This could be an owner-occupied investment property or continue as a multi-family rental. Current tenant is occupying both units and paying $1,400 per month on a lease through 12/31/25. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other being sold as a package (425 & 425 1/2; 427 & 433 N Butler Blvd). This is an excellent opportunity to start or expand your rental portfolio. Property holds a Section 8 certificate.

Details

Updated on June 27, 2025 at 9:55 pm
  • Property ID: 286119
  • Price: $125,000
  • Property Size: ******** Sq Ft
  • Land Area: 0.11 Acres
  • Bedroom: ********
  • Bathroom: ********
  • Year Built: 1912
  • Property Type: Apartment
  • Property Status: For Sale
  • Address 425/425.5 N Butler Boulevard
  • City Lansing
  • State/county Michigan
  • Zip/Postal Code 48915
  • Country US

Features

  • Central Air
  • Water Heater

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