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For sale
  • $310,000

    412 S Hayford Ave, Lansing, MI 48912

    5beds
    4baths
    --sqft
    : 
    MultiFamily
    Built in 1904
    -- sqft lot
    $300,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cozy and efficientKnotty pine finishesUnique layouts
    Welcome to 412 S Hayford, Lansing - a prime investment opportunity! This fully operational 4-unit property is currently thriving as a short-term rental, with 619 bookings in 2024 alone and a CAP rate of approximately 11%. This is a true turn-key investment - all furniture, supplies, and current bookings transfer to the new owner, allowing for seamless continued income. Each unit is full of character, featuring knotty pine finishes that guests love. Whether you're looking to grow your portfolio or dive into the short-term rental market, this property is ready to go from day one. Each unit features charming knotty pine finishes and unique layouts. East Unit (Upper Level) - Currently used by the seller but has the potential to generate $1,100/month. This unit includes 2 bedrooms, a full bathroom, and a spacious living room. North Unit (Main Level, Front) - Includes a kitchen, living room, bedroom, laundry, and a full bath. Currently rented for $75/day. South Unit (Basement) - Cozy and efficient with a kitchen, living/bedroom combo, and full bath, also renting for $75/day. West Unit (Main Level, Back) - Features a large kitchen, bedroom, office, and full bathroom, renting for $75/night. Whether you're a seasoned investor or new to short-term rentals, this property is fully set up and ready to go - a truly rare find in Lansing!
    19 days
    on Zillow
    |
    445
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 02:05pm

    Listed by:

    Morgan Meredith 517-505-1422,

    Keller Williams Realty Lansing 517-853-1200,

    Brock Fletcher 517-303-3262,

    Keller Williams Realty Lansing

    Source: Greater Lansing AOR,MLS#: 287209MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 412 S Hayford Ave.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Finished area above ground: 1,672

    Property

    Parking
    • Parking features: Concrete, Alley Access
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Covered, Front Porch, Glass Enclosed
    • Exterior features: Storage
    • Fencing: Partial
    Lot
    • Size: 8,276.4 Square Feet
    • Dimensions: 66 x 127
    • Features: Back Yard, City Lot, Front Yard, Landscaped
    Details
    • Parcel number: 33010114354151

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Aluminum Siding
    • Roof: Shingle
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Leslie Park
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $37,993
    • Annual tax amount: $2,281
    • Date on market: 4/15/2025
    • Listing terms: Cash,Conventional,FHA,MSHDA,VA Loan
    • Road surface type: Paved
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