ID 7b3eefd4
1063 Marigold Ave - MSU Student Rental
For Sale
$460,000$187.30/SF
- Building Size
- 2,456 SF
- Lot Size
- 0.25 ac
- County
- Ingham
- Listed
- 05/14/2026
- Updated
- 07/30/2026
Overview
Class IV rental license with the City of East Lansing being offered at $95,000 per license and licensed for 5. 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 $150, cleaning fee at beginning of lease $350, 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 Five
Next to West Side of Campus
100% Leased thru August 12, 2027
Attachments
Additional Information
- City
- East Lansing
- State
- MI
- Zip Code
- 48823
- Zoning
- Residential
- Tenant
- Students
- Year Built
- 1922
- Tax ID Number
- 33-20-01-24-103-003
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 100%
- Total Units
- 5
- Laundry
- Shared
- Parcel APN
- 33-20-01-24-103-003
- Listing ID
- 7b3eefd4
- City
- East Lansing
- State
- MI
- Zip Code
- 48823
- Zoning
- Residential
- Tenant
- Students
- Year Built
- 1922
- Tax ID Number
- 33-20-01-24-103-003
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 100%
- Total Units
- 5
- Laundry
- Shared
- Parcel APN
- 33-20-01-24-103-003
- Listing ID
- 7b3eefd4