509 Cornell Avenue, East Lansing, MI 48823

$394,000
7
BD
2
BA
1,920
SqFt

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Sold Price
$394,000
List Price
$395,000
Closing Date
Oct 28, 2025
Status
CLOSED
MLS#
291661
Bedrooms
7
Full-baths
2
Sq. Ft
1,920
Acres
0.12
Year Built
1973
Subdivision
Avondale
Days on Market
0

Property Description

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 Lansing's 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. Don't miss this chance to own a high-performing asset in a high-demand area.

Additional Information

Taxes
$6,375
Appliances
Refrigerator, Dishwasher, Washer/Dryer
Exterior
Wood Siding
Basement
Finished
Garage Description
Driveway
School District
East Lansing
Heating
Forced Air
Water
Public
Sewer
Public Sewer
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Megan Busque (hendersonbusque@gmail.com) from Listing Office: RE/MAX Real Estate Professionals.

Listing courtesy of Megan Busque from RE/MAX Real Estate Professionals


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