554 Cornell Ave
East Lansing, MI 48823
Sold
This is a rare opportunity to purchase one home or an entire rental business within walking distance to Michigan State University. Now is your chance to take advantage of this incredible deal to purchase any number of this six house package which includes 539, 544, 554, 625 and 642 Cornell Ave and 616 Charles Street. This particular home is rented until July 31, 2019 at a rent rate of $3400 and currently has a rental license in good standing for 5 unrelated persons. The overall CAP rate for the package is slightly higher than 8%. All properties are within walking distance to campus and downtown East Lansing. These houses have had 100% occupancy since 2011, have been professionally managed, and have received lots of upgrades to roofs, bathrooms and furnaces. These homes would be well suited for a new or existing landlord or standalone as owner occupied. Call or text Rob for more details
Supplemental Details More
Key Features of 554 Cornell Ave, East Lansing, MI 48823
Property Type
Single Family Residence
Year Built
1961
Heating
Forced Air, Natural Gas
MLS Number
229219
Price Per Sq Ft
$204
Sold Date
09/07/2018
Appliances
Dishwasher, Dryer, Range, Refrigerator, WasherBuilding Features More
Room Dimensions More
Kitchen
Dining Room
Living Room
Master Bedroom
Bedroom #2
Bedroom #3
Bedroom #4
Bedroom #5
Property Features More
Schools More
School District: East Lansing
Price and Status History More
| Date | List Price | Status |
|---|---|---|
| 01/19/21 | $299,000 | Off Market |
| 04/23/20 | $299,000 | Sold |
| 09/12/18 | $299,000 | Pending |
| 08/21/18 | $299,000 | For Sale |
| 08/06/18 | $299,000 |
Map of 554 Cornell Ave East Lansing, MI 48823
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Listing provided by Rob Buffington, Berkshire Hathaway HomeServices Tomie Raines, 1400 Abbot, Suite 200, East Lansing, MI 48823-3104