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159 Stoddard Avenue

East Lansing, MI 48823
  • $350,000
  • STATUS: Active
  • ON SITE: 84 days
  • ID#: 2210030784
UPDATED: 28 min ago
$350,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,260
    SQFT
  • $278
    $/SQFT
Type:
Multi-Family
Built:
1949
County:
Area:
Zoning:
Residential
Lot Size Dimensions:
50.00X220.00

School Ratings & Info

School District:

Description

Invest in your future. Generate an income while going to school. This home is in the 100 block off Grand River. Walking distance to Michigan State Campus. The house is a duplex with two units that is rented out by the room, with 4 private bed room. There are (common area) spaces the living room, the entire upstairs . There are two full bathrooms, two laundry area, two and two kitchens. The house has 2 garages, so there is room for 4 garage parking and plenty of room for guest parking by the second garage. This house is a Class lll Rental license for Student housing rental. This house is a money maker with possibility for a increased income with some modifications.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-31T19:56:28.46.
www.nexushomesearch.com/homes/116875213
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159 Stoddard Avenue East Lansing, MI 48823

  • Price: $350,000
  • Status: Active
  • Updated: 28 min ago
  • ID#: 2210030784
0
Beds
2
Baths
0
½ Baths
0.25
Acres
1,260
SQFT
$278
$/SQFT
1949
Built
Neighborhood:
Suprvr's Plat No 5 Of Meridian Township
County:
Ingham
Area:
East Lansing
School District:
EAST LANSING
Property Description
Invest in your future. Generate an income while going to school. This home is in the 100 block off Grand River. Walking distance to Michigan State Campus. The house is a duplex with two units that is rented out by the room, with 4 private bed room. There are (common area) spaces the living room, the entire upstairs . There are two full bathrooms, two laundry area, two and two kitchens. The house has 2 garages, so there is room for 4 garage parking and plenty of room for guest parking by the second garage. This house is a Class lll Rental license for Student housing rental. This house is a money maker with possibility for a increased income with some modifications.
Exterior Features

Architecture Level 2 Story Architecture Style Bungalow Construction Materials Block/Concrete/Masonry Foundation Details Basement Foundation Materials Block Lot Size Dimensions 50.00X220.00 Multifamily Parking Assigned SpacesCarportsPaved Parking Total 4 Pool YN No Road Frontage Feet 50 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Finished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Interior Features Egress Window(S)High Spd Internet AvailLaundry Facility Room Count 0 Sq Ft Combined 2040 Sq Ft Lower Floor 780 Sq Ft Total Basement 780 Unit Efficiency Number Of 0 Unit One Bed Number Of 4 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Lp Gas/Propane

Property Features

Assessment 0 Encroachment YN No Gross Scheduled Income 35200.00 Income Projection Projected Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Rental Income 3200 Net Operating Income 30000.00 Number Of Units Leased 4 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City East Lansing Protection Period 6 Months Rent Includes Cable TvElectricGarbage PickupHeatInternetWater/SewerYard Maintenance Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4902.0000 Tax Amount Winter 663.0000 Title Private - Owned Total Tax 5565.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 159 STODDARD AVE Water Source Municipal Water Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Re/Max Select and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-31T19:56:28.46.
 
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