Well-located investment opportunity just steps from Michigan State University, yet situated in Meridian Township for more favorable rental licensing and lower property taxes. This unique multi-unit property offers strong income potential with a flexible layout. The main level features a 3-bedroom unit with a spacious living room, a full bath, and a kitchen, plus access to a large unfinished basement. A connected efficiency unit includes its own living space, kitchenette, and full bath, while the walk-out lower level offers an additional 1-bedroom unit. Set on a rare 1.3-acre parcel bordering the Red Cedar River, this property offers a compelling opportunity for investors or those looking to secure housing near campus with added flexibility and long-term value.
Listed By
Agency Name: Keller Williams Realty Lansing
Shown By
Agent Name: Olive Fang-Yun Wu
Agent Phone: (419) 318-9372
Agency Title: Key Realty
Estimated Payment
$ 1,347.75 per month $1,280.96 Principal & Interest $0.00 Property Tax (data not provided by mls) $66.79 Homeowner's Insurance
1611 River Terrace | MLS# 294547
This multi-family property located at 1611 River Terrace, East Lansing, MI 48823 is currently listed for sale with an asking price of $229,000. Search East Lansing real estate on olivewu.ikeyrealty.com today.