509 N Walnut Street, Lansing, 48933
Pending
$109,900

509 N Walnut Street
Lansing, 48933

Discover a fantastic investment opportunity in Lansing, Michigan, just minutes from the state capital and downtown entertainment districts. This fully rented multi-family property offers immediate cash flow with stable tenants in place, making it an ideal addition to any real estate portfolio. The property's prime location provides convenient access to local amenities, government offices, and vibrant downtown attractions, ensuring continued demand from tenants. With a little TLC and strategic updates, there's significant potential to increase property value and rental income, making this a smart investment for both seasoned investors and newcomers alike. This multi-family asset presents a compelling chance to add value through cosmetic improvements, upgrades, or operational efficiencies. The existing layout offers flexible options for renovations to modernize units and boost rental rates. The strong occupancy rate combined with its proximity to key Lansing landmarks positions this property as a stable, income-generating investment with promising upside. Whether you're looking to expand your rental portfolio or capitalize on Lansing's growing market, this property offers a rare opportunity to maximize returns with minimal initial effort.
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IDX provided courtesy of Cody & Co. via Real Estate One / Goerke Group and Realcomp II Ltd., ©2025 Realcomp II Ltd. Shareholders
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Brenda Goerke
Real Estate One / Goerke Group
Brenda Goerke
Real Estate One / Goerke Group
IDX information is provided exclusively 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. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Originating MLS: Realcomp II Ltd. Realcomp II Plus data last updated at 2025-07-28 02:13:02 (GMT / UTC +0)
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