For sale
  • $310,000

    412 S Hayford Ave, Lansing, MI 48912

    5beds
    4baths
    --sqft
    : 
    MultiFamily
    Built in 1904
    -- sqft lot
    $293,700 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!
    185 days
    |
    396
    |
    15
    |
    • Loading
    • Loading