tomo logo

$82,000

Beds
3
Baths
1.0
sq ft
836

904 Riverview Ave, Lansing, MI 48915

904 Riverview Ave

Lansing, MI 48915

  • 94 days on market
Who do you know that is looking for rental property has the possibility to generate cash flow? This property is currently a licensed rental with the City of Lansing and would be a great opportunity for any investor. The estimated market rent for this property is around $850/month. This is a great rental at a great price, don't miss this opportunity!

Details

Property type

Single Family Residence

Lot size

3,920 sq ft

Price per sq ft

$99

Year built

1916

Annual property taxes

$2,881

Price History

09/20/2024
Realcomp

Realcomp #65024049921

Listed
$82,000
09/12/2024
Realcomp

Realcomp #65024044562

Sold
$82,000
08/28/2024
Realcomp

Realcomp #65024044562

Listed
$82,000

Schools & Community

Neighborhood: 

Westside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lansing

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

West Michigan Community Bank

Loan start date

December 2022

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Future Advance Clause / Open End Mortgage

Seller

25 Lansing Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 12:45 PM

Listing updated: 09/25/2024 at 11:21 AM

Listed by: Derrek Sterken, Coldwell Banker Woodland Schmidt ART Office Phone #: (616) 772-5478

MLS: Realcomp #65024049921

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