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Backup Offers

522 N Pine St, Lansing, MI, 48933

$159,900

Home List Price

$1,899*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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522 N Pine St, Lansing$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Driveway
Garage1 space
Year Built1873
HeatingNatural Gas
CoolingNone
BasementYes
MLS #279929
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Active Backup)

About 522 N Pine St

Highest and best offers due by 4/30 at noon! CASH FLOW with this updated duplex, each unit has 2 beds (potentially 3 upstairs), 1 bath, and convenient in-unit laundry. Recent improvements, fresh paint, refinished hardwood floors, and updated light and plumbing fixtures. In 2024 a new roof was installed and two new furnaces, ensuring lasting durability and peace of mind for years to come. Will be a licensed rental by closing! Seperate gas and electric. Built for convenience and profitability, each side could bring in $1,000/month in rental income, making this property an attractive investment opportunity. Situated in a prime location, this duplex presents excellent rental potential, appealing to tenants seeking proximity to amenities and commuter routes. Plus, with a shared detached garage alongside 524 N Pine. Don't miss out on the chance to capitalize on this promising investment. Schedule a showing today and explore this duplex. With the potential opportunity of investing in 3 units for an even greater return! Sold as a package with MLS# 279928, could bring in $3,500 in rent monthly.

Property Details

Property Features

Property Information:

  • Year Built: 1873

Listing Office:

  • Office Name: EXP Realty - Lansing
  • Office Phone: (517) 580-8046
  • Listing Agent: David Hall

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: East on W Saginaw St, south on N Pine St, house is on the east side of N Pine St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900

Tax Information:

  • Annual Amount: $3,086
  • Tax Year: 2021
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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

$148K

Med. Price/SqFt

$114

Avg. Days On Market

27

# of Sold Homes

159

522 N Pine St vs Lansing

14 DAYS ON ROCKET

-13 Days

$159,900

+$11.8K More

KEY TAKEAWAY

This property is $11.8K 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 Lansing Association of REALTORS®
  • MLS Number: #279929

Listing Office:

  • Office Name: EXP Realty - Lansing
  • Office Phone: (517) 580-8046
  • Listing Agent: David Hall

IDX Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright © 2024 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,086$61,400
2020$2,910$58,200
2019$2,746$52,400
2018$2,611$50,200
2017$2,611$48,800

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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-4359733
2
/10

  • Riddle Elementary School

  • 221 Huron St

  • 0.75 miles

  • Public District Grades PK-3

school-card-donut-4359734
1
/10

  • Gier Park School

  • 401 E Gier St

  • 1.52 miles

  • Public District Grades PK-3

school-card-donut-4359735
2
/10

  • El-Hajj Malik El-Shabazz Academy

  • 1028 W Barnes Ave

  • 1.70 miles

  • Public Charter Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,120. Typical income of Lansing, MI residents is less than $35k annually. The majority of families are 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›522 N Pine St

This home is located at 522 N Pine St in Lansing, MI and zip code 48933 in the Downtown Lansing neighborhood. This home, which was built in 1873, sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $159,900.

Over 76 listings were sold over their listed price in April 2024 in Lansing, MI. In the same period over 60 listings were sold below the listed price and 23 listings were sold for the listed price. In April 2024 in Lansing, MI there were 4.7% more homes for sale than in March 2024. In April 2024 median list price was $148,071 and the average listing age was 27 days.

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

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