Property Description

Exceptional duplex opportunity on Ferndale Avenue in East Lansing! This well-maintained property carries two Class IV rental licenses with the City of East Lansing- a grandfathered designation that cannot be newly issued today. Each side mirrors the other with just under 1,000 square feet above grade, offering spacious and functional layouts. Each side is three bedrooms and two full bathrooms and each side has their own separate basements. Both basements include full bathrooms, with one side of the basement nearly fully finished and the other side partially finished and both sides featuring an egress window which is ideal for expanded living space, added value, or rental flexibility. The units are clean and updated with modern flooring and well-maintained mechanical systems. All appliances are included for a seamless transition to the next owner. Positioned on a corner lot, the property features two separate driveways and six total parking spaces, offering a significant advantage in this market. A storage shed provides additional utility and convenience. This is a rare chance to own a licensed duplex with great rental history in a high-demand East Lansing location with strong long-term upside.

Property Features