642 Cornell Avenue $259,900

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    642 Cornell Avenue East Lansing, MI 48823

    Pending
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    • 4 Beds
    • 1 Baths
    • 1,031 sq.ft.
    • Single-Family
    • MLS# 242861
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    Views: 66 Days On Market: 76

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    Property Details

    Don't miss out on this rare investment opportunity at a prime location in East Lansing. This property is currently licensed for 4 unrelated and also has leases for the 2020-2021 school year already signed!! Continuously leased for the last several years. Current rent rate is $2100/month (there is a reduction bonus for tenants if they pay early). Whether you own many investment properties or this would be your first venture, this property will not disappoint in potential income for you. Please call agent to schedule appointment.

    • General Features
      • County Ingham
      • Subdivision Avondale
      • Year Built 1941
      • Zoning Residential
    • Building Features
      • Appliances Dryer, Washer, Range, Refrigerator
      • Basement Crawl
      • Full Bathrooms 1
      • Half Bathrooms 0
      • Garage No Garage
      • Heating Forced Air - Gas
      • Improvements Shed
      • SqFt Appx Finished Level 731.00
      • SqFt Appx Finished Level 300.00
      • SqFt Appx Finished Level 0.00
      • SqFt Appx Finished Level B 0.00
      • SqFt Appx Total Finished 1,031
      • SqFt Basement 0.00
    • Property Features
      • Driveway Blacktop
      • Land Acreage Up to 1/4 Acre
      • Sewer Public Sewer
      • Water Public
    • Schools
      • School District East Lansing

    Contact

    Darcel Bulock

    REALTOR

    East Lansing

    Cell: 517-775-8438

    Neighborhood

    48823 (East Lansing) Demographics

    23 Median Age
    2,254 Population Density (per sq. mile)
    73% College Educated
    $40,772 Estimated Median Income
    8,104 Estimated Total Home Owners
    11,764 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    50,531 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $189,950 Median Sales Price
    26 Homes Sold
    55 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $259,900
        1/23/2020 3:50:02 PM Status Changed Source New Value: Pending
        1/15/2020 1:49:56 PM Status Changed Source New Value: Active Backup
        12/3/2019 4:51:00 PM New in Database Source

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        Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.