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Property view

1201 Lathrop Street, 
Lansing, MI 48912

$40,000


2

Beds


1

Bath


1,177

Sq Ft


Single Family

Sold

Listed by

Besim Shabani

Exit Realty Home Partners

517-803-2345

MLS#

288820

Source:

MI GLAR

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About This Home

1201 Lathrop Street

🏡 Welcome to 1201 Lathrop St! Calling all investors and flippers — Whether you're looking for your next rental project or a great flip, this home is full of potential. With 1,177 sq ft above grade, the current layout features 2 bedrooms and 1 bathroom, but there's room to grow! Easily convert the main floor space into a third bedroom to boost value and rental appeal. The upstairs bathroom layout offers a great opportunity for a value-add update. Consider removing the tub and oversized sink to create space for a modern stand-up shower and compact vanity — design it your way! Recent updates include: - Newer furnace (installed in 2021) - Water heater, electrical, and plumbing - all in good working condition 💡 Per my analysis: A move-in-ready 3 bed, 1 bath in this are typically sells between $120K-$135K. Rents for similar homes range from $1,300 to $1,500/month. This is a great fixer-upper with strong upside. Don't miss your chance to unlock the potential at 1201 Lathrop St! Call or text today to schedule your private showing!

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1906

Price Summary

45,000

$38 per Sq. Ft.

MLS #:

288820

Sold:

July 2, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

1,177 Sq. Ft.


Structure

Structure

Building Area:

1,881 Sq. Ft.

Year Built:

1906


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$45,000

Price per Sq. Ft:

$38 per Sq. Ft.

Source:MI GLAR
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