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$395,000
Listing Price7beds
2baths
1,920sqft
5,401sqft lot
509 Cornell Ave, East Lansing, MI 48823
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
509 Cornell Ave - Turnkey Investment in Prime East Lansing LocationLocated just minutes from Michigan State University, 509 Cornell is a proven investment property in one of East Lansings most desirable rental markets. This spacious seven-bedroom home is currently licensed for up to 5 unrelated occupants, offering strong rental potential while complying with city regulations.With a solid history of reliable rental income and a lease secured through July 31, 2027, this property is an ideal addition to any investment portfolio. The unbeatable location ensures continued demand, making it perfect for student housing or group rentals. Dont miss this chance to own a high-performing asset in a high-demand area.
Interior Details
1920
7
2
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
Vinyl/resilient
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5401
No
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
Bi-level
Aluminum/vinyl
N/A
Gable
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$5,201
$0
$0
--%
$109,800
2019
$5,201
$0
$0
--%
$105,400
2016
$5,172
$0
$0
--%
$102,300
2017
$5,340
$0
$0
--%
$101,200
2016
$5,172
$0
$0
--%
$101,200
2014
$5,294
$0
$0
--%
$93,700
2013
$5,191
$0
$0
--%
$89,300
2012
$4,933
$0
$0
--%
$63,350
Average Home Price in 48823
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