642 Cornell Avenue East Lansing, MI 48823
MSU parents, buy this 4-bedroom home on a 5, 401 sq ft stunning lot with certified rental income! Four-minute drive or 15-minute walk to campus. It can be leased to four unrelated individuals, but your work is done—the lease is in place for next year as well! There is a large storage shed in the enormous backyard. The main level has wood floors, a bar, an inviting front porch, and a full kitchen with a refrigerator, microwave, and stove. Enjoy the on-site laundry room with a washer/dryer. Great tenants now and coming in August. Don't forget: good renters are like free money! Move your freshman in next fall and let their friends pay the mortgage! Go State!! Lease is signed until August 2025. Current rent $1950. Jumps to $2150 Sept 2024 until August 2025. Each of the 4 pay independently.
- Property TypeSingle Family Home
- NeighborhoodAvondale Sub
- CountyIngham
- Taxes$7,651
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number20240032786
- Home Size Source N/A
- Year Built1941
- Lot Size0.12 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Style Cape Cod
- Construction Vinyl Siding
- Sewer Public Sewer
- Number of Stories One and One Half
- Water Public
- Foundation SlabBlock
Interior Features
- Heating Forced AirNatural Gas
- Furnished? Unfurnished
- Fireplace No
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
- Patio And Porch Porch
Community Features
- Pets Cats O KDogs O K
- Senior Community No
- MLS Area East Lansing