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645 E Jolly Rd
Lansing, MI 48910 Old Everett

$1,000,000 USD

Apartments For Sale • 8,072 SF

Property Details

Property Type Apartments
Total Building Size 8,072 SF
Lot Size 0.46 AC
Building Class C
Year Built 1969
Cap Rate 9.63 %
Zoning Commercial

35 Transit Score

62 Walk Score

                
                    Highlights
                
                                13/16 Renovated units
                            
                                On-site laundry
                            
                                Located just off of Jolly/Cedar Intersection

Financial Summary (Actual)

Net Operating Income: $96,297 USD (2025)

Cap Rate:

9.63 %

Amenities

24 Hour Access
Air Conditioning
Laundry Facilities
Microwave
Heating
Smoke Free
Kitchen
High Speed Internet Access
Refrigerator
Oven
Tub/Shower
Carpet
Linen Closet
Vinyl Flooring
Private Bathroom
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	5.6 mi
Airport	Drive	Walk	Distance
Capital Region International	16 min	-	8.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes

Todd Kosta 310-633-3001 Woodworth Commercial

645 E Jolly Rd Lansing, MI 48910 Old Everett