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412 S Hayford Avenue, Lansing, MI 48912

Local realty services provided by:CENTURY 21 Affiliated
412 S Hayford Avenue,Lansing, MI 48912
$300,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: morgan meredith, brock fletcher
Office: keller williams realty lansing
MLS#:287209
Source:MI_GLAR

Price summary

  • Price:$300,000

About this home

Whether you are homeowner or investor or you may want to escape 9-5 job with little money: we host all! Investor: it’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 doesn’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

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Home facts

  • Year built:1904
  • Listing ID #:287209
  • Added:294 day(s) ago
  • Updated:January 27, 2026 at 04:48 PM

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Heating, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1904
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$300,000

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