For sale

2112 FERROL Street
Lansing, MI 48910

$299,000

Lot
0.59 acres
Year built
1958
Property type
E
County
Ingham
Subdivision
Lansing City
MLS #
298698
Days on market
77

About this home

Investor opportunity! Four 2-bedroom, 1-bath ranch duplex units offered together, providing an income-producing portfolio with strong rental fundamentals. All units feature in-unit laundry, separate gas and electric, individual furnaces and water heaters, and carports. Tenants pay their own trash. Three units are currently occupied, with the fourth scheduled for move-in 9/11/2026. Current rents: 2112 - $930/mo (8/1/25-7/31/27); 2114 - $1,000/mo (7/9/26-7/31/27); 2116 - $985/mo (8/1/25-7/31/27); 2118 - $975/mo (9/11/26-9/30/27). Rental license valid through 8/1/2029. Cash-flowing investment with established tenants and desirable individual utility setup. The property is conforming to local zoning codes.