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532 Townsend St
Lansing, MI 48933 Downtown Lansing

Price Upon Request

Apartments For Sale  •  4,450 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,450 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1965
  • Zoning MF
55 Transit Score
75 Walk Score

Highlights

The Townsend Apartments are a seven-unit apartment complex that was renovated in 2021/2022 in Lansing, the state capital of Michigan.
Excellent location with nearby demand drivers, including the General Motors Manufacturing Plant that is six blocks away and the nearby MSU.
Presenting any new investor with excellent in-place cash flow alongside upside through rent increases as the tenant roster rolls.
Premium location in the heart of downtown, surrounded by popular retail amenities and just a couple blocks from the historic capital building.
Unique unit mix possessing studio, one-bedroom, and two-bedroom units that help appeal to a large portion of the potential tenant pool.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
East Lansing Amtrak Station (Blue Water - Amtrak) 7 min - 3.8 mi
AirportDriveWalkDistance
Capital Region International 11 min - 4.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes