$290,000
Active
24 Days Online
4 Beds1 Bath1,068 SQFT
Active

642 CORNELL Avenue East Lansing, MI 48823

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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 Site23 Days
  • MLS StatusActive
  • MLS ID Number60310036
  • Home Size Source N/A
  • Year Built1941
  • Lot Size0.12 Acres
  • Full Baths1
  • Partial BathsN/A

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Schools

School District
East Lansing School District
Elementary School
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