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$254,900
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Melvin Area Single Family Home

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1296 Main Street Melvin, MI 48454

4 Bed
3 Baths
1885 sqft
MLS# 50149159
This unique property is in the heart of Melvin. Own your own post office building with newly negotiated lease. The lower front unit, which currently is leased to the US Post office for $581, will increase to $849.75 on Oct 1 with a five year lease. USPS has been a tenant since 1930....94 years of continuous service! In addition, There are two residential apartments, an upper leased at $625 and lower unit at $700. Both are leased below current market rates due to long term tenants. Apartments are on a month to month contract. Both apartments are 2 bedroom and in well maintained condition. There is a common area that has washer-dryer. Attached garage stores the lawn implements that go with sale. There is a nice storage shed in the spacious back yard that overlooks farm fields. The current owner has put in over 40k in improvements since purchase. Just in the last three years including: New roof for back apartment and Garage, Upgraded/Modernized Main Electric Panel, Installed new Well pump and piping, Installed new double windows in lower apartment unit, New Refrigerator in upstairs apartment, Tuck Pointing - Re-Grouting brickwork of Post Office exterior, Installed New 50 gal Water Heater, New toilet & new commercial grade flooring for Post Office, Installed new 30 foot Commercial Flag Pole, Installed new Modern Closed System Gas Boiler unit. See photo gallery for list of improvements. This building has been well maintained and is one of the original buildings in town. It is located across from the Melvin hogtown Tavern. Great opportunity for the investor in a small town community.
Listing Courtesy of MIREALSOURCE / Coldwell Banker Professionals / Robert "Bob" Kean
$249,900
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Lansing Area Single Family Home

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3720 Stoneleigh Drive Lansing, MI 48910

3 Bed
2 Baths
2260 sqft
MLS# 289111
NESTLED IN A QUIET, TREE-LINED NEIGHBORHOOD, THIS BEAUTIFULLY MAINTAINED HOME AT 3720 STONELEIGH DRIVE OFFERS THE PERFECT BLEND OF COMFORT, FUNCTIONALITY, AND CURB APPEAL. WITH THOUGHTFUL UPDATES AND A SPACIOUS LAYOUT, THIS PROPERTY IS IDEAL FOR ANYONE LOOKING TO SETTLE INTO A HOME THAT'S AS PRACTICAL AS IT IS CHARMING. STEP INSIDE TO A BRIGHT AND INVITING LIVING SPACE, COMPLETE WITH LARGE WINDOWS THAT FLOOD THE ROOM WITH NATURAL LIGHT. THE KITCHEN FEATURES AMPLE CABINETRY AND FUN SHAPED COUNTER/BAR SEATING SPACE—PERFECT FOR DAILY MEALS OR ENTERTAINING GUESTS. MULTIPLE LIVING AREAS OFFER FLEXIBILITY FOR A FORMAL DINING ROOM, HOME OFFICE, OR COZY FAMILY DEN. THIS HOME OFFERS GENEROUSLY SIZED BEDROOMS, AND PLENTY OF STORAGE THROUGHOUT. THE LOWER LEVEL INCLUDES A FINISHED AREA GREAT FOR A RECREATION ROOM, GYM, OR HOBBY SPACE, PLUS LAUNDRY AND UTILITY AREAS. OUTSIDE, ENJOY A BEAUTIFULLY LANDSCAPED YARD WITH MATURE TREES, A SPACIOUS DRIVEWAY, AND A LARGE BACKYARD WITH EXTENSIVE DECKING, IDEAL FOR RELAXING OR HOSTING WEEKEND BARBECUES. TWO CAR ATTACHED GARAGE! WHETHER YOU'RE SIPPING YOUR MORNING COFFEE ON THE FRONT PORCH OR WATCHING THE SUNSET FROM THE BACKYARD, YOU'LL LOVE THE PEACEFUL SETTING THIS PROPERTY PROVIDES. CONVENIENTLY LOCATED JUST MINUTES FROM SCHOOLS, SHOPPING, PARKS, AND MAJOR ROADWAYS! MOVE RIGHT IN!
Listing Courtesy of LANSING MI / Coldwell Banker Professionals / Lynne VanDeventer