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1216 N Chestnut St
Lansing, MI 48906
Chestnut Living Apartments · Multifamily Property For Sale · 7 Units

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EXECUTIVE SUMMARY

This 1,824 SF property, built in 1889, 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.
- 7 units across 2,952 SF
- 5 One bedroom apartments
- 2 Studios apartments
- Built in 1889
- Investors Opportunity
- Affordable entry point into the multifamily market

PROPERTY FACTS

Price Per Unit $90,221 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 3,500 SF
Average Occupancy 90%
No. Stories 2
Year Built 1889
Zoning CM

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
  • Listing ID: 37444167

  • Date on Market: 2025-08-27

  • Last Updated:

  • Address: 1216 N Chestnut St, Lansing, MI 48906

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