$409,000

Active

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

0 baths

Lot: 1.61 acres
Built: 1940
Type: 2 To 4 Units
On market: 86 days

DescriptionShow

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

Facts & features

Interior2

Bathrooms: 0
Basement: Slab

Heating, cooling & utilities5

Heating: Forced Air
Cooling / AC: Central Air
Water source: Well
Sewer: Public Sewer
Utilities: Electricity Connected

Exterior & construction3

Lot size: 1.61 acres
Construction: Vinyl Siding
Year built: 1940

Property details7

Type: OTHER
Sub-type: 2 to 4 Units
County: Ingham
Parcel #: 33-02-02-03-101-001
Days on market: 86
MLS #: 26024752
Status: Active

District: Haslett

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

DocumentsShow

Documents provided through the MLS where permitted for public display.

Price & tax historyShow

No recorded history for this property.

Listing courtesy of 616 Realty LLC · Jer-Waun Kirkland