Beautiful 2 bedroom home on large property. 2 full bedrooms with a fully finished attic area provide ample room for tenants and potentially a guest room or office. Full basement with washer and dryer could be turned into cool tv room. Right across from multiple CATA bus stops and directly adjacent to the bike trail that leads to MSU. Great student/grad student or young professional housing.
The lot provides much of the value for this property. It is a massive 3/4+ acre lot wooded on two sides. The parcel is also earmarked by the City of EL for COMMERCIAL ZONING with proper application.
ALL windows replaced 2022/2023
Termite inspection and deterrent applied 2025
Unit is fully rented out to adult tenants, that may be willing to vacate and licensed for 2 with the City of EL Rentals.
For sale by experienced owner, low offers will be ignored
For sale by owner
$187,500
421 W Lake Lansing Rd, East Lansing, MI 48823
2beds
780sqft
Est.:
SingleFamily
Built in 1946
0.64 Acres Lot
$154,900 Zestimate®
$240/sqft
$-- HOA
What's special
Fully finished attic areaFull basementWooded on two sidesLarge propertyWasher and dryer
What the owner loves about this home
There is excellent developmental potential. The site contains .64 acres of land and is next to B4 zoning.
- 23 days
- on Zillow |
- 1,403 |
- 32 |
Listed by:
(517) 618-1264
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Gas
Cooling
- None
Appliances
- Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total interior livable area: 780 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Exterior features: Stucco
- Has view: Yes
- View description: Park
Lot
- Size: 0.64 Acres
Details
- Parcel number: 33200101404016
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1946
Community & HOA
Location
- Region: East Lansing
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $64,100
- Annual tax amount: $3,990
- Date on market: 4/3/2025
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