Steven MalloyBig Rapids Realty, REALTOR®

231-218-4605

1954-1964 E Saginaw Street, East Lansing, MI 48823

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$449,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Haslett
  • County Ingham
  • Township Meridian Twp
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Slab
  • Garage  
  • Acreage 1.61
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 1940
  • Style  
  • Exterior  
  • Taxes  
  • SEV 218000
  • Zoning Residential
  • Parcel 33-02-02-03-101-001
  • Lot Size 1.61

Features

Rare value-add opportunity at 1954-1964 E M-78 in East Lansing featuring two fully rented homes with leases expiring in August, giving flexibility for an owner-occupant or investor alike. Live in one home and rent out the other to help offset your mortgage while still benefiting from future development potential. Situated on a 1.61-acre parcel in the desirable Haslett School District with an impressive 555.24 feet of frontage on E M-78, this income-producing property offers strong cash flow today with major upside tomorrow. The seller has already received township approval for an additional structure with up to 5 more units, creating exceptional expansion and rental income potential. One home was custom built in 2022 while the second has been extensively updated, making this a rare opportunity for investors, multi-generational living, or long-term portfolio growth. Conveniently located near shopping, highways, dining, and Michigan State University. - 48 Hour Notice Required For Showing

Listing Courtesy of Jer-Waun Kirkland - 616 Realty LLC

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