Looking for an East Lansing property with a current rental license? This is your dream come true. This beautifully renovated brick cape cod home has 3 beds 2 baths, currently has a class 1 rental license, (owner occupied with 1 roommate) but it is not in an overlay district so it can also convert to a class 3 rental license which means they can rent to 2 persons without residing in the property. You won't want to miss this gem! Fully renovated with quartz counter tops, soft close cabinets and bar style seating in the kitchen area, great for entertaining. The 2 living room areas are spacious and ideal for student living or a busy family who wants to spread out. The unfinished basement is ready for your finishing touches to create immediate equity. There are 2 ways to access the very private back yard, either through the kitchen slider onto the pergola covered portion of the 3-tiered deck, or through the door in the living room which leads to the lower deck space. The side back yard has enough space to add a garage if desired (and of course approval from the city of EL) The long driveway has space for 3 cars, and the hedge out front ensures the perfect amount of privacy. Come take a look today, and move right in!