MLS # 294801 (Greater Lansing Association of REALTORS®)

Buyer financing fell through! Solid investment property with long rental history. This two-story duplex has 1,701 finished square feet, including a 1-bed/1-bath lower-level unit and a 2-bed/1-bath upper-level unit with a bonus room on the 3rd floor. New blinds and fresh paint in 2025. 2 sets of W/Ds in the basement. Shared driveway with 427 N Butler leads to a large parking lot in the rear. The upper unit is rented for $900 per month, the lower unit is rented for $800 per month, with leases through 12/31/26. The City of Lansing rental license expires on 5/1/28. This property is one of 3 properties located next door to each other, being sold individually or as a package (425, 427, and 433 N Butler Blvd). Start or expand your rental portfolio. The property holds a Section 8 certificate.
Source: SparkMLS
Located in Lansing in Lansing, this property offers 1-bath, with original construction dating to 1912.
Listed at $170,000.
Electric service is provided by Lansing Board of Water & Light; natural gas by Consumers Energy Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gary Naeyaert
EXIT Realty Home Partners
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Lansing Board of Water & Light
Municipal
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
425/425.5 N BUTLER Boulevard, Lansing, MI 48915
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Municipality
Lansing
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