East Lansing, MI 48823 3628,619 Stoddard Avenue
East Lansing, MI 48823 3628,619 Stoddard Avenue
East Lansing, MI 48823 3628,619 Stoddard Avenue
25
$247,500
$259,900
4.8%
Est.Price: ?

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3 BA
2,172 SqFt

619 Stoddard Avenue East Lansing, MI 48823 3628

Est. payment /mo
SOLD DATE : 08/09/2021

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Key Details

Sold Price $247,500

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,172 sqft

Price per Sqft $113

Subdivision Mi

MLS Listing ID 40177663

Sold Date 08/09/21

Style 2 Story

Full Baths 2

Half Baths 1

Year Built 1924

Annual Tax Amount $5,081

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 80.00X135.00

Property Description

621 is a 2-story unit that consists of 3 bedrooms & 1.5 bath with multiple entryways. 619 is a 1 bedroom unit with its own entry, kitchen, bathroom and driveway. Both units have access to a shared basement for washer and dryer access as well as plenty of storage space. Both units also connect from the inside so it can be used as a 4 bed, 2.5 bath house! Large yard and a 2 car garage, as well as plenty of driveway space for 6 additional cars. THIS PROPERTY HAS AN ACTIVE CLASS IV RENTAL LICENSE (unrelated 4) THAT IS TRANSFERABLE. The license is currently in the process of being renewed by the current owner. Currently between both units the property brings in $2225 ($650/$1575) a month in rent with leases expiring July 28, 2021. New leases with new tenants will begin August 8, 2021 till July 28, 2022. The new lease will bring in $2425 in total monthly rent ($775/$1650). Property still has room for rent increases in 2022-2023. Agent has ownership/interest in the property.

Location

State MI

County Ingham

Area East Lansing (33018)

Zoning Residential

Rooms

Basement Block, MI Basement

Interior

Heating Forced Air

Exterior

Exterior Feature Vinyl Siding

Waterfront No

Building

Story 2 Story

Water Public Water

Structure Type Vinyl Siding

Schools

School District East Lansing School District

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Thrive Realty Company
Bought with LPS

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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