2 months on rocket

811 Larned St, Lansing, MI, 48912

$90,000

Home List Price

$1,069*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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811 Larned St, Lansing$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage4 spaces
Year Built1908
HeatingNatural Gas
CoolingOther
MLS #278295
Lot Size0.03 Acres
StatusActive

About 811 Larned St

Calling all investors and first time homeowners!!This is your chance to build wealth through real estate with a super low barrier to entry! Occupy one unit as an owner occupant and collect rent from the other unit with only 5% down through a new Fannie Mae loan option. Investors enjoy a minimum cash on cash return of 14%!! Market rent for each unit is $650-$700. New sewer line from home to street just installed as well as a new plumbing stack. Upper unit is move in ready. Lower units needs a refresh(10-15K or build sweat equity) and priced accordingly. The easiest entry into investment real estate you'll ever find!

Property Details

Property Features

Property Information:

  • Year Built: 1908

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other

Other

Directions Information:

  • Directions: Kalamazoo W to Hosmer S to Larned L to Residence

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000

Tax Information:

  • Annual Amount: $5,477
  • 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

$145.1K

Med. Price/SqFt

$113

Avg. Days On Market

15

# of Sold Homes

133

811 Larned St vs Lansing

89 DAYS ON ROCKET

+74 Days

$90,000

-$55.1K Less

KEY TAKEAWAY

This property is $55.1K less 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: #278295

Listing Office:

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

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: 4/28/2024, 7:20:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 07, 2005Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,477$33,000
2020$2,112$29,600
2019$3,077$28,300
2018$1,825$24,300
2017$1,825$23,300

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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-2017983
2
/10

  • Riddle Elementary School

  • 221 Huron St

  • 1.55 miles

  • Public District Grades PK-3

school-card-donut-2017984
2
/10

  • El-Hajj Malik El-Shabazz Academy

  • 1028 W Barnes Ave

  • 1.57 miles

  • Public Charter Grades PK-6

school-card-donut-2017985
2
/10

  • Lyons School

  • 2901 Lyons Ave

  • 1.73 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,595. The most common annual income of people living in Lansing, MI is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Ingham County›Lansing›48912›811 Larned St

This home is located at 811 Larned St in Lansing, MI and zip code 48912 in the Eastside neighborhood. This home, which was built in 1908, sits on a 0.03 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $90,000.

In March 2024 more than 64 listings in Lansing, MI were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 47 were sold below. The number of homes for sale in Lansing, MI increased by 3.9% between February 2024 and March 2024. While the average time on the market in March 2024 was 15 days, the median list price was $145,141.

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

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