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Mark Brace

[email protected] +1(616) 447-7025

$ 270,000

Est. payment -/mo

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Active Under Contract

1142 Lilac Avenue East Lansing, MI 48823

3 Beds

2 Baths

1,470 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $183

Municipality East Lansing

Subdivision East Lansing

MLS Listing ID 20261049329

Bedrooms 3

Full Baths 2

Year Built 1948

Annual Tax Amount $3,210

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66X165

Property Sub-Type Single Family Residence

Source Realcomp

Property Description

Fantastic owner-occupant or investment opportunity just two blocks from Michigan State University! Nestled in a quiet, low-traffic neighborhood, this licensed two-unit property offers the perfect blend of comfortable living and income-producing potential.Looking for a single-family home instead? This versatile property can easily function as a spacious personal residence with three bedrooms—two on the main level and one upstairs—with the potential to create a fourth bedroom in the upper level, if desired. Whether you choose to maintain the income-producing duplex configuration or convert it into a larger single-family home, the flexible layout provides options to fit your needs.The main-floor owner's unit features two bedrooms, a full bathroom, a spacious living room, a functional kitchen, and interior access to the full basement. The basement offers a partially finished area, laundry space, and ample storage.The upper-level apartment is licensed for either a family or up to two unrelated occupants, making it an ideal rental for MSU students, graduate students, faculty, or professionals. This private unit offers its own exterior entrance and features a living room, kitchen, full bathroom, and one bedroom. The upper unit also has access to the shared basement through its own private exterior entrance. Outside, you'll appreciate the detached two-car garage, maintenance-free vinyl siding, and a large fenced backyard with a patio—perfect for relaxing, entertaining, gardening, or pets.Whether you're looking to offset your mortgage with rental income or add a versatile property to your investment portfolio, this duplex offers exceptional potential in a prime East Lansing location just minutes from MSU, shopping, dining, parks, and everything the area has to offer.

Location

State MI

County Ingham

Direction Thrwobridge to Harrionon to Lilac

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Living Room

Fireplace true

Appliance Washer, Refrigerator, Range, Dryer, Dishwasher

Exterior

Exterior Feature Fenced Back, Patio

Parking Features Detached, Garage Door Opener

Garage Spaces 2.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public

Water Public

Structure Type Vinyl Siding

Schools

School District East Lansing

Others

Tax ID 200124102022

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by National Realty Centers, Inc

NEARBY SCHOOLS & PROPERTIES

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

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Grand Rapids, MI

Mark Brace

1142 Lilac Avenue East Lansing, MI 48823

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1142 Lilac Avenue