• 1037 Bement Street Lansing, Michigan 48912

  • $134,900
  • 6
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.11
    Acre

This purpose-built side-by-side duplex is designed for investor profitability located just 5-minutes from Lansing College. Each unit boasts separate electrical and gas meters (paid by tenants), ensuring efficiency and ease of management. Both units have undergone recent upgrades in 2023 and 2024, including new carpeting, fresh paint, and hot water heaters. With a solid rental history and market rents of $1100+ per month per unit (a total of $2200 for both units), this duplex promises a steady stream of income. Unit 1101 is leased at $1000/month. Schedule a viewing now and seize the chance to own this lucrative duplex!

Property Type :

Multifamily

County :

Ingham

Style :

Multifamily

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Property Details

 

Interior Features

Cable Available

Heating & Cooling

Heating: Forced Air

Heating Fuel: Natural Gas

Building Information

Year Built: 1909

Total Units: 2

Foundation/Basement: Crawl,Michigan Basement

Utility Features

Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.11

Lot Dimensions: 39.5 x 120

Frontage Feet: 40

Property Information

Financing: Cash,Conventional

Listing Price Information

Original List Price: $134,900

Listing Information

Legal Description: LOT 30 BLOCK 6 LANSING IMPROVEMENT COMPANYS ADD

Tax Information

Annual Tax: $3,394

Parcel Number: 33010115378141

Legal Information

Legal Description: Section: LOT 30 BLOCK 6 LANSING IMPROVEMENT COMPANYS ADD

Virtual Tour

Parking Information

Parking: 2

Multi-Unit Information

Road Frontage: Paved

Unit 3 Information

# of Bedrooms: 2

School Information

School District: Lansing

Utility Information

Water:Public (Municipal),Water at Street

Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
511 Detroit Street, Lansing, MI,48912 $64,900 3 1 780 0.14 Acre
329 S Clemens Avenue, Lansing, MI,48912 $90,000 3 1 1,194 0.1 Acre
1007 N Foster Avenue, Lansing, MI,48912 $159,900 3 3 1,880 0.16 Acre
504 N Magnolia Avenue, Lansing, MI,48912 $159,500 4 1 1,825 0.1 Acre
623 N Clemens Avenue, Lansing, MI,48912 $115,000 2 2 1,136 0.1 Acre
118 N Hayford Avenue, Lansing, MI,48912 $122,900 3 1 1,144 0.1 Acre
2015 Prospect Street, Lansing, MI,48912 $85,000 2 1 935 0.06 Acre
1000 Bensch Street, Lansing, MI,48912 $79,900 3 1 1,089 0.06 Acre
508 Shepard Street, Lansing, MI,48912 $104,500 3 1 1,531 0.08 Acre
621-629 Mifflin Street, Lansing, MI,48912 $65,000 -- -- -- 0.38 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 04/28/2024 @ 09:42

MLS: 603318840
LISTED BY: Sandi L Gentry , RE/MAX Lakeshore
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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