Veterans United Realty
59 Photos

642 Cornell Ave, East Lansing, MI 48823

$290,000 Asking Price

4 beds
1 bath
1,068  sqft
Built in 1941

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.


Listing Status:
Active
Date Added:
May 22, 2024 — 34 days ago
Listing Office:
Signature Sotheby's International Realty GPF, Leslie Wagner (313-978-7792)
Office Phone:
313-888-8800
MLS ID:
60310036

Features & Amenities

Interior

Heating:
Natural Gas, Forced Air

Exterior

General:
Vinyl Siding, Porch
Style:
Cape Cod

Construction

General:
1 1/2 Story, Slab

Location

Road/Access:
Paved Street
Originating MLS:
RealComp
School District:
East Lansing School District
County:
Ingham

Lot

Zoning:
LOT 96 ALSO W 1/2 OF VAC ALLEY AVONDALE, 33200218204019

Utilities

Water:
Public Water
Sewer:
Public Sanitary

Financial

Source:
RealComp
Buyers Agent Compensation:
Yes Percent

This listing courtesy of:
Signature Sotheby's International Realty GPF, Leslie Wagner

About East Lansing, MI

Housing

Number of Units
24,327
Median Home Value
$225,596
Median Rent
$940

57.70% of housing units are renter occupied.

8.99% are vacant.

Commute

Car
48.46%
Public Transportation
6.02%
Walk to Work
10.99%
Work from Home
29.90%
Other
0.35%

The median travel time to work is 13 minutes.

People

Population
63,706
Median Age
28.70
Median Household Size
2.44

Education

High School
11.47%
Associate’s Degree
4.71%
Bachelor’s Degree
29.59%
Graduate Degree
36.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Veterans United Homefront

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last Updated: June 24, 2024 6:32 pm.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

Message

Interested in this home?

Request more information: