642 CORNELL AVENUE
East Lansing, MI 48823
1068 sqft | 4 beds | 1 bath | #20240032786
Description
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.
Interior Details
- HeatingForced Air
Beds & Baths
- Total Baths1.00
- Bedrooms4
- Bathrooms1
- Full Baths1
Property Details
- Square Feet1068
Construction Details
- Property TypePurchase
Condition
- Year Built1941
Community and Neighborhood Details
- School DistrictEast Lansing
- RegionEast Lansing
- CountyIngham
Financial Details
- Original List Price$299,000
Other
- MLS #20240032786
Location
Legal
Notice: This listing provided courtesy of Realcomp IDX (REALCOMP). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
Listing Courtesy
Listing Agent: Leslie Wagner (#380880)
Listing Office: Signature Sotheby's International Realty GPF (#411418)
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