1204 Snyder Road, East Lansing, MI 48823

Property Description

A very rare investment opportunity, this extremely well maintained duplex is currently rented through July of 2025 with rent of $1,300 per side, per month for a current annual gross of $31,200.00. Situated on a nicely landscaped, fenced corner lot at Stoddard and Snyder, near MSU, this all brick ranch appears to be a single family home as there is only one entrance that accesses a common foyer with entries to the respective units. This property is licensed with the city for 2 non related on the east side or a single family and 3 non related on the west side or a single family. (For friends wanting to live together it could be considered a 4 bedroom, 2 full bath home.) Features include, individual furnaces, central air units, water heaters and washer/dryers. There are two bedrooms on each side, large living rooms, full baths. The kitchens include refrigerator, oven/range, disposals and direct access to the fenced back yard as well as a stairway to the individual basements. Both units have gorgeous hardwood floors except in the baths and kitchens. The floors were refinished in 2021. The east unit also has a brick fireplace and finished recreation room in the basement. The property has always been very well maintained with the owner occupying the east unit from the time she had the duplex built until 2020. An additional bonus feature is a 2 plus detached garage with overhead door openers that have keyless pads.