Property Description

Investor Alert - Cash-Flowing Rental with Tenant in Place! 1830 Fletcher Street, Lansing, MI 48910 Offered at $99,900, priced with equity. Turnkey rentals like this dont hit the market every day especially not with an active rental license, a stable long-term tenant already in place, and instant cash flow from day one. If youre looking to expand your portfolio in a strong rental market, this is your chance. This 2-bedroom, 1-bath home sits on a quiet, residential street in South Lansing, just minutes from major employers, shopping, and downtown. The house has good bones and is structurally sound, with plenty of upside through simple cosmetic updates. The current tenant has lived here long-term, pays on time, and wants to stay (section 8 - $1100)... meaning you start earning income immediately. With forced-air heat, a fenced yard, and a full basement, this property checks all the boxes for renters -and makes ownership easy for landlords. The garage has been removed, eliminating exterior maintenance costs while opening up yard space. Whether youre a seasoned investor or just getting started, this is a rare opportunity to step into a performing asset without the hassle of finding tenants or navigating the licensing process. Everything is already in place. Priced to move. Licensed. Occupied. Cash flowing. Single unit. What are you waiting for? Schedule a showing today before another investor beats you to it.

Property Features