1617 N Hagadorn Road

East Lansing, MI
$ 230,000 Beds 6 Baths 4
Monthly Estimate* How much can I afford?

This property is one of 4 duplexes all next to each other on N Hagadorn in East Lansing, each with class IV License. Total cost for the full portfolio is $1,000,000.00 All units are fully occupied. Each has a 1 car attached garage, A/C, walk-out basement, large backyards, and newer roofs. These are excellent investments with no vacancy history. Due to long term tenants, rents are a little below market average of $1,300.00 At current rents, gross income for all properties is $98,880 a year with an estimated NOI of $39,111.00 At market rent rates that would be gross income of $124320.00 with an estimated NOI of $64551.00 These numbers are estimates only based on information provided by property management and do not consider financing expenses.

Pending

  • Price
  • $ 230,000
  • Lot Size
  • 0.44 Acres
  • Bedrooms
  • 6
  • Full Bathrooms
  • 4
  • Year Built
  • 1977
  • Half Bathrooms
  • 0
  • City, Zip
  • East Lansing
  • Taxes
  • $ 8617
  • County
  • INGHAM
  • Style
  • Traditional
  • Area
  • East Lansing City
  • MLS#
  • 258207
  • Zip
  • 48823
Listing Provided by: Christopher Silker with Keller Williams Realty Lansing-East
Data Source: Greater Lansing AOR (GLMLS) - 354 - MI

Features

General

Basement Full, Walk-Out Access
Heating Forced Air, Natural Gas
Roof Shingle
Water Heater Gas Water Heater
Zoning Multi-Family

Exterior Features

Latitude 42.751945
Longitude -84.462892

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Lansing, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/3/2021 Listed $260,000
8/13/2021 12% - $230,000

Property vs Zip Code Average in 48823

Price
AVG $310K
$230K
Taxes
AVG $5,392
$8,617
Year Built
AVG 1970
1977
Walkscore
AVG 42
30
Data Provided by Walkscore ® not using MLS data

Map

1617 N Hagadorn Road East Lansing, MI is a Single Family Home for sale at $230000 and a lot size of 0.44 Acres Acre(s). 1617 N Hagadorn Road East Lansing has 6 bedrooms, 4 baths and was built in 1977. The property's zip code is 48823 which is in East Lansing, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.