412 S Hayford Avenue, Lansing, MI 48912

Property Description

Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all! Investor: itâ™s currently in short term rental with current cap rate around 11 (3units renting out, 5yrs data consistently) with all four units rent out cap rate can go up to 14 (or higher to 17, a data point, if you would work for yourself, you may get 100% cash to cash returns, so you can buy another property after a year to building up your conglomerate). You can raise up capital by reducing the minimum night of staying to 1 night (owner required 2 nights minimum of staying), 1 night is too busy, owner doesnâ™t want it. Homeowner: it can switch to flex plan 3 units. The owner occupied 3 bed, 2 bath (2unit combined by just opening the door) with big attic for storage, and two units for renting out. You are staying for free with 2 units paying for the mortgage and never getting house loss when you would fall in hardship, or you may want to taking care of older and younger in family, or working at home, many possibilities. If you want to escape 9-5 jobs, it is simple enough jut working for yourself (staying in 1 unit and renting out 3 units) with your own schedule: a couple hours per day or per week, it depends on the length of the staying.

Listing Status:

Active

Date Added:

April 15, 2025 at 05:00AM

Listing Office:

Keller Williams Realty Lansing : 517-853-1200

Listing Agent:

Morgan Meredith : 517-505-1422

MLS ID:

287209

Interior

• Laundry: In Unit
• Basement: Full
• Flooring: Hardwood
• A/C: Window Unit(s)
• Heating: Forced AirNatural Gas

Exterior

• General: Storage
• Parking: Alley AccessConcrete

Construction

• Roofing: Shingle
• General: Aluminum SidingThree Or More

Location

• Road/Access: City Street
• Originating MLS: Greater Lansing Association of REALTORS®
• School District: Lansing
• County: Ingham

Lot

• Zoning: LOTS 401 & 402 LESLIE PARK SUB33-01-01-14-354-151
• Fencing: Partial

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Greater Lansing Association of REALTORS®

This listing courtesy of Morgan Meredith, Keller Williams Realty Lansing