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26
Photos
642 Cornell Avenue, East Lansing, MI 48823
$290,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
1
bath
1,068
sqft
Built in
1941
Enjoy this certified income producing 4-bedroom home on a 5,401 sq ft stunning lot! Four-minute drive or 15-minute walk to MSU 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 a 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.
Features & Amenities
Interior
- General:
- Bar, Ceiling Fan(s), Pantry
- Appliances:
- Disposal, Gas Water Heater, Microwave, Washer, Free-Standing Refrigerator, Electric Water Heater, Electric Oven, Dryer
- Laundry:
- In Unit, Inside, Laundry Room, Main Level
- Basement:
- Full
- Flooring:
- Carpet, Hardwood, Linoleum
- A/C:
- false, None
- Heating:
- true, Forced Air
- Fireplace:
- None
Exterior
- General:
- Shed(s)
- Style:
- Bungalow
- Pool:
- None
- Parking:
- Additional Parking, Driveway, Off Street, On Site, Outside
Construction
- Roofing:
- Shingle
- Windows:
- Aluminum Frames
- General:
- Aluminum Siding, One and One Half, Block, 0.0
Location
- Road/Access:
- City Street
- HOA Amenities:
- None
- Golf:
- None
- Originating MLS:
- Greater Lansing Association of REALTORS®
- School District:
- East Lansing
- County:
- Ingham
Lot
- Zoning:
- LOT 96 ALSO W 1/2 OF VAC ALLEY AVONDALE, 33-20-02-18-204-019
- View:
- Neighborhood
- Fencing:
- Back Yard, Chain Link
- Current Use:
- Investment
Utilities
- Utilities:
- Water Connected, Water Available, Sewer Connected, Sewer Available, Natural Gas Connected, Natural Gas Available, High Speed Internet Connected, High Speed Internet Available, Electricity Connected, Electricity Available, Cable Connected, Cable Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Greater Lansing Association of REALTORS®
This listing courtesy of:
Signature Sotheby's International Realty, Leslie Wagner
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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.
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