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Bond Real Estate & Design
514 Spartan Avenue, East Lansing, MI 48823
- $229,000
- Sold Price
- $229,000
- List Price
- $190,000
- Closing Date
- Feb 17, 2025
- Status
- CLOSED
- MLS#
- 286022
- Acres
- 0.12
- Year Built
- 1930
- Subdivision
- Avondale
Property Description
Licensed for 3. Seize this rare chance to own a fully rented duplex in the highly sought-after Bailey neighborhood of East Lansing. These units have been remodeled from top to bottom literally! With separately metered utilities, owner expenses remain low, maximizing profitability. Properties in this prime location rarely come to the market. Don't miss your opportunity to own a licensed rental just steps from downtown East Lansing! Fully rented so minimum 24hrs notice for all showings. Front unit is 1 bedroom licensed for 2, back unit is a studio licensed for one. Adding a bedroom to the front unit will increase income potential greatly.
Additional Information
- Appliances
- Electric Water Heater
- Style
- Ranch
- Exterior
- Wood Siding
- Basement
- Crawl Space
- Garage Description
- Driveway, Gravel, Off Street, On Street
- School District
- East Lansing
- Heating
- Baseboard, Electric
- Water
- Public
- Sewer
- Public Sewer
- Terms
- Cash, Conventional
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Listing courtesy of Listing Agent: Tina Hause () from Listing Office: Berkshire Hathaway HomeServices.
Listing courtesy of Tina Hause from Berkshire Hathaway HomeServices
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