$380,000

906 E Michigan Avenue, East Lansing, MI 48823

4 beds |
3 baths |
1,440 sqft

Single-Family Home
Built in 1922
5,663sqft lot
2 car garage
$264/sqft
Listed 14 days ago

Property Description

Class IV rental license with the City of East Lansing being offered at $95,000 per license. Currently rented with a new lease beginning August 20, 2026-August 12, 2027. There is a finite amount of rental licenses in East Lansing that makes this a valuable investment and location is PRIME to the West side of CAMPUS. Tenants pay all utilities, snow removal, leaf removal, carpet fee at beginning of lease $200, cleaning fee at beginning of lease $300, washer/dryer rental for $20 per month. Owner is in charge of lawn care, taxes and insurance. Showings are by appointment only. Seller is related to the Realtor.

Listing Status:: Active
Date Added:: May 6, 2026
Data Last Updated:: May 20, 2026 at 2:40PM
Listing Office:: Berkshire Hathaway HomeServices : 517-351-3617
Listing Agent:: Shelby Miller : 517-899-6486
MLS ID:: 295714

General: Laminate CountersNatural Woodwork
Appliances: DryerRefrigeratorElectric Oven
Laundry: In BasementInsideLower Level
Basement: FullDaylight
Flooring: CarpetCombinationHardwoodVinyl
A/C: Central Air
Heating: Forced Air

General: Rain Gutters
Style: Traditional

Roofing: Shingle
Windows: Double Pane Windows
General: Aluminum SidingTwo and One HalfBlock720.0

Originating MLS: Greater Lansing Association of REALTORS®
School District: East Lansing
County: Ingham

Zoning: LOT 68 CHESTERFIELD HILLS NO 133-20-01-13-125-020
View: Neighborhood
Current Use: Investment

Utilities: Cable AvailableSewer ConnectedWater ConnectedHigh Speed Internet AvailableHigh Speed Internet Connected100 Amp Service
Water: Public
Sewer: Public Sewer

Source: Greater Lansing Association of REALTORS®

This listing courtesy of Shelby Miller , Berkshire Hathaway HomeServices

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.