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For sale
  • Price cut: $4.9K (4/11)
    $175,000

    131 S Hosmer St, Lansing, MI 48912

    5beds
    3baths
    --sqft
    : 
    MultiFamily
    Built in 1895
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    GREAT INVESTMENT OPPORTUNITY! ALL UNITS OCCUPIED! Calling all Lansing area new or seasoned investors - 3X's the Income - This one is not to miss! This sought-after 3-unit provides Great Immediate Income. Rents total approximately $2,757 per month currently with potential room for growth. Prime locattion near Lansings Stadium District, Downtown, Sparrow Hospital, MSU Campus and highways/bus routes. Conveniently located near downtown this three-unit rental offers newer vinyl siding, windows, flooring, paint, and lower roof NEW. All units are rented! All units have separate utilities, including water which is quite costly to do and very rare. Don't miss out on this money-making opportunity! This property is part of a multi-unit portfolio with diverse income potential. * 131 S Hosmer: 3 UNIT- 2; 2 & 1BR * 1219 N Washington: 3 UNIT- 1; 1BR & Studio * 1223 N Washington: 2 UNIT- 2 & 1BR. Properties can be sold individually or as a full portfolio. ALL units are already rented in current leases. Please allow at least 24 hours to schedule showings due to tenant notice. *Financials & leases available upon request
    156 days
    on Zillow
    |
    307
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 28, 2025 at 07:53am

    Listed by:

    Amber Redman 517-881-6658,

    Five Star Real Estate - Lansing 517-507-0068

    Source: Greater Lansing AOR,MLS#: 285479MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 131 S Hosmer St.

    Next available tour time:Today at 3:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Other
    Features
    • Flooring: Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 1,803

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Off Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Front Porch, Rear Porch
    • Exterior features: Lighting
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 33 x 125
    • Features: Front Yard, Near Public Transit, Corner Lot
    Details
    • Parcel number: 33010115303051
    • Zoning description: Zoning

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Green Oak
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $56,070
    • Annual tax amount: $4,583
    • Date on market: 5/4/2025
    • Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
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