$300,000 for Sale

642 cornell avenue, east lansing, MI 48823

Beds 4 Baths 1 1,068 Sqft 0.12 Acres 1 of 26
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Property Description
Enjoy this certified income producing 4-bedroom home on a 5,401 sq ft stunning lot! Four-minute drive or 15-minute walk to MSU 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 a 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.
General Information
Sale Price: $300,000
Price/SqFt: $281
Status: Active
MLS#: glami280885
City: east lansing
Post Office:
Schools: east lansing
County: Ingham
Subdivision: avondale
Acres: 0.12
Lot Dimensions: 40x135
Bedrooms:4
Bathrooms:1   (1 full, 0 half)
House Size: 1,068 sq.ft.
Acreage: 0.12 est.
Year Built: 1941
Property Type: Single Family Residence
Style: Bungalow
Features & Room Sizes
Bedroom 1: 
Bedroom 2 : 
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Garage:  No Garage
Garage Description:  Additional Parking,Driveway,Off Street,On Site,Outside
Exterior:  Aluminum Siding
Fireplace Description:  None
Basement:  Yes
Basement Description:  Full
Appliances:  Disposal,Dryer,Electric Oven,Electric Water Heater,Free-Standing Refrigerator,Gas Water Heater,Microwave,Washer
Cooling:  None
Heating:  Forced Air
Waste:  Public Sewer
Tax, Fees & Legal
Est. Winter Taxes:  $7,651
HOA fees: 
Legal Description:  LOT 96 ALSO W 1/2 OF VAC ALLEY AVONDALE


Listing By: Leslie Wagner of Signature Sotheby's International Realty, Phone: 248-644-7000
(517) 749-7976 Call Doug Sheridan, CAI for more information about this property.

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Listings Presented by:
Doug Sheridan, CAI
Call:
(517) 749-7976

Office:
(517) 676-9800

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This Home located at
642 cornell avenue, east lansing MI 48823
is currently for sale priced at $300,000 and was listed on May, 24, 2024 and has been on the market for 119 days and was last updated on June, 03, 2024.

642 cornell avenue has 4 bedrooms, 1 bathrooms, and approximately 1,068 square feet. This home is in the east lansing school district and has a lot size of 40x135 with 0.12 acres and was built in 1941. 642 cornell avenue is in the 48823 ZIP Code area of east lansing.

If you have any question about this property or any others, please don't hesitate to contact me.