906 E Michigan Ave - MSU Student Rental
906 E Michigan Ave, East Lansing, MI 48823
Overview
Class IV rental license with the City of East Lansing being offered at $95,000 per license and licensed for 4. Currently rented with a new lease beginning August 20, 2026-August 12, 2027. There is a finite amount of rental licenses in East Lansing that makes this a valuable investment and location is PRIME to the West side of CAMPUS. Tenants pay all utilities, snow removal, leaf removal, carpet fee at beginning of lease $200, cleaning fee at beginning of lease $300, washer/dryer rental for $20 per month. Owner is in charge of lawn care, taxes and insurance. Showings are by appointment only. Seller is related to the Realtor.
MSU Student Rental - Licensed for Four
100% Leased thru August 12, 2027
Walk to Campus
Attachments
For Sale
- Sale Price
- $380,000
- Price Per SF
- $175.93/SF
- Building Size
- 2,160 SF
- Acres
- 0.13 ac
- Zoning
- Residential
- Tenant
- Students
- Floors
- 2
- Year Built
- 1922
- Tax ID Number
- 33-20-01-13-125-020
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 100%
- Total Units
- 4
- Laundry
- Shared
- County
- Ingham
- Listed
- 05/14/2026
- Updated
- 05/14/2026
- Listing ID
- 5bcfd8b5
- Parcel APN
- 33-20-01-13-125-020