412 S Hayford Avenue, Lansing, MI 48912

Local realty services provided by:ERA Reardon Realty
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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1904
  • Listing ID #:287209
  • Added:311 day(s) ago
  • Updated:February 12, 2026 at 03:54 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

New listings near 412 S Hayford Avenue