412 S Hayford AVE Active Save Request In-Person Tour Request Virtual Tour
Lansing,MI 48912
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Leslie Park
MLS Listing ID 287209
Year Built 1904
Tax Year 2024
Lot Size 8,276 Sqft
Property Description
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!
Location
State MI
County Ingham
Community Leslie Park
Interior
Heating Forced Air,Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Laundry In Unit
Exterior
Exterior Feature Storage
Parking Features Concrete,Alley Access
Fence Partial
View Y/N No
Roof Type Shingle
Building
Lot Description Back Yard,City Lot,Front Yard,Landscaped
Sewer Public Sewer
Schools
High Schools Lansing
School District Lansing
Others
Acceptable Financing Cash,Conventional,FHA,MSHDA,VA Loan
Listing Terms Cash,Conventional,FHA,MSHDA,VA Loan