539 Cornell Avenue

    East Lansing, MI 48823
    • $119,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 229150
    UPDATED: 14 min ago
    $119,000
    • 2
      BEDS
    • 0.12
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 768
      SQFT
    • $155
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1952
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    This is a rare opportunity to purchase one home or an entire rental business within walking distance to Michigan State University. Now is your chance to take advantage of this incredible deal to purchase any number of this six house package which includes 539, 544, 554, 625 and 642 Cornell Ave and 616 Charles Street. This particular home is rented until July 31, 2019 at a rent rate of $1300 and currently has a rental license in good standing for 2 unrelated persons. The overall CAP rate for the package is slightly higher than 8%. All properties are within walking distance to campus and downtown East Lansing. These houses have had 100% occupancy since 2011, have been professionally managed, and have received lots of upgrades to roofs, bathrooms and furnaces.These homes would be well suited for a new or existing landlord or standalone as owner occupied. Call or text Rob for more details

    Monthly Payment Calculator

    © 2018 Greater Lansing Association of Realtors® MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GLAR MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gateway to Homes @ Keller Williams Realty. Data last updated: 2018-08-18T17:45:51.34.
    www.realhomepros.com/homes/86254603

    539 Cornell Avenue East Lansing, MI 48823

    • Price: $119,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 229150
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.12
    Acres
    768
    SQFT
    $155
    $/SQFT
    1952
    Built
    Neighborhood:
    Avondale
    County:
    Ingham
    Area:
    East Lansing
    School District:
    East Lansing
    Property Description
    This is a rare opportunity to purchase one home or an entire rental business within walking distance to Michigan State University. Now is your chance to take advantage of this incredible deal to purchase any number of this six house package which includes 539, 544, 554, 625 and 642 Cornell Ave and 616 Charles Street. This particular home is rented until July 31, 2019 at a rent rate of $1300 and currently has a rental license in good standing for 2 unrelated persons. The overall CAP rate for the package is slightly higher than 8%. All properties are within walking distance to campus and downtown East Lansing. These houses have had 100% occupancy since 2011, have been professionally managed, and have received lots of upgrades to roofs, bathrooms and furnaces.These homes would be well suited for a new or existing landlord or standalone as owner occupied. Call or text Rob for more details
    Exterior Features

    Driveway Gravel Exterior Aluminum Siding Garage 1 Car Land And Acreage Up To 1/4 Acre Lot Dimensions 40 X 135

    Interior Features

    Appliances DryerRangeRefrigeratorWasher Basement Crawl Heating Forced Air - Gas Master Bedroom Level 1 Sq Ft Above 768.00 Sq Ft Basement 0.00 Sq Ft Finished Basement 0.00 Sq Ft Finished Level1 768.00 Sq Ft Finished Level2 0.00 Sq Ft Finished Level3 0.00 Total Rooms 4 Water Heater Gas Natural

    Property Features

    Extras Fenced Yard Improvements Deck Sewer Public Sewer Sub Type Single Family Residence Tax Year 17 Taxes 4048.45 Terms CashConventional Township Tax Authority East Lansing City Type Cape Cod Water Public Zoning Residential

    Listing provided courtesy of Robert Emerson Buffington of Berkshire Hathaway Homeservices Tomie Raines.

    Listing information © 2018 Greater Lansing Association of Realtors® MLS.
    © 2018 Greater Lansing Association of Realtors® MLS. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GLAR MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gateway to Homes @ Keller Williams Realty. Data last updated: 2018-08-18T17:45:51.34.
     
    Gateway to Homes @ Keller Williams Realty
    1300 N Waverly Rd
    Lansing MI, 48917