East Lansing, MI 48823,619 Stoddard Avenue

$259,900

Est. payment /mo
Est.Price: ?

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619 Stoddard Avenue East Lansing, MI 48823

2 Beds

2.5 Baths

2,172 SqFt

SOLD DATE : 08/09/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,172 sqft

Price per Sqft $113

Subdivision Avondale Sub

MLS Listing ID 2210036482

Style Duplex

Bedrooms 2

Full Baths 2

Half Baths 1

Year Built 1924

Annual Tax Amount $5,081

Lot Size 10,890 Sqft

Property Sub-Type Duplex

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

Zoning Residential

Interior

Heating Forced Air

Exterior

Garage Spaces 8.0

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District East Lansing

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Mitesh Patel of Thrive Realty Company
Bought with First Choice Alliance LLC
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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