$140,000
$134,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1037 Bement Street Lansing, MI 48912
4,748 Sqft Lot
Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Lansing City
MLS Listing ID 24014343
Sold Date 05/10/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1909
Annual Tax Amount $3,393
Tax Year 2023
Lot Size 4,748 Sqft
Acres 0.11
Lot Dimensions 39.5 x 120
Property Description
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!
Location
State MI
County Ingham
Area Ingham County - 20
Direction i496 Block North on Pennsylvania East Block
Rooms
Basement Crawl Space, Michigan Basement
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Exterior
Utilities Available Phone Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected
View Y/N No
Street Surface Paved
Total Parking Spaces 2
Building
Lot Description Level
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Lansing
Others
Tax ID 33010115378141
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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