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For Sale

Chestnut Flatz

1216 N Chestnut St,
Lansing, MI 48906

Asset Snapshot

1889
Year Built
2
Floor Count
2
Building Count
7 Units
Unit Count
0 SF
Average Unit Size
2,952 SF
Property Size

Offering Summary

Investment Overview

This property offers 7 units, providing an excellent entry point into the multifamily market. With 5 one-bedroom apartments and 2 studio apartments across 2,952 SF, this is a prime investment opportunity. Zoned R-6B, this property is located in a desirable area for potential renters. Don't miss the chance to own a piece of history and generate steady rental income.


Investment Highlights

  • 100% Occupied
  • 7 units across 2 buildings
  • 5 One bedroom apartments
  • 2 Studio apartments
  • Renovated in 2023
  • Seller negotiable
  • Additional property available to purchase as package (826 N. Walnut St.)
  • Affordable entry point into the multifamily market

How it Works

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Listing Syndicated From

Buildout
For Sale
$278,000
Asking Price