EastLansing (Flowerpot) 3br2ba- 2Units:owneroccupied/rental

OVERVIEW: 1,680 sq ft. Built 1948. Two units. Second Floor licensed for two renters: One bedroom, separate entrance, kitchen, bath, access to basement from outside. First Floor: Owner occupied, two bedroom, bath, kitchen, interior access to basement. Detached two-bay garage. Large, fenced-in backyard. Great location, just 2 blocks from MSU campus. Very quiet neighborhood with virtually no through-traffic. Great location for families and students. Upstairs leased for 2007/2008 school year to graduate student no need to find new tenants. Current income per month = $1,175. Current Owner lives in one bedroom will move out Dec/Jan.

SECOND FLOOR RENTAL UNIT: Licensed for two people license up to date and fees paid through summer 2008. Current Rent $650/mo. Great source of income!!! Private entrance through front door, kitchen with size refrigerator, bath, one bedroom, and large living room. Painted Hardwood Floors. Access to flat roof, newly surfaced 2005. Current tenant is female graduate student prompt and reliable payment of rent.

FIRST FLOOR APARTMENT: Two bedroom, kitchen with newly resurfaced cabinets and full size refrigerator, bath, living room, fireplace (cleaned/repaired 2007). Entrance through side door. Wall to wall carpet throughout (hardwood floors underneath carpet throughout most of the main floor). Very comfortable living space for two people. Interior access to basement. Current tenant in second bedroom is male medical student prompt and reliable payment of rent. One bedroom or entire first floor available in January 2008.

Basement: Walk-out FULL basement. One half carpeted and has fireplace! Has been used as separate bedroom. Other half tiled/cement floor. Functioning toilet. Washer/dryer in very good condition. Furnace: natural gas, very reliable, inspected 2007.