Property Description

Welcome to 837 E Shiawassee Street, a turn-key investment opportunity in the heart of Lansing. This maintained triplex features spacious units, each offering 2 bedrooms and 1 full bathroom. Tenants pay all utilities, helping maximize cash flow. Ideally located near University of Michigan Health-Sparrow, Neogen, downtown Lansing, and the Stadium District, the property benefits from strong and consistent rental demand. Current rents are below market value, presenting significant upside potential with projected gross monthly rental income exceeding $3,000. The property also includes a detached three-car garage, providing additional storage, parking, or future income opportunities. Whether youre looking to expand your portfolio or occupy one unit while generating rental income.

Property Features