Lansing, MI 48912,1037 Bement Street

$140,000

$134,900

3.8%
Est.Price: ?

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Est. payment /mo

2 Beds

4,791 Sqft Lot


SOLD DATE : 05/10/2024

Key Details

Sold Price $140,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 71024014343

Sold Date 05/10/24

Bedrooms 2

Originating Board West Michigan Lakeshore Association of REALTORS®

Year Built 1909

Annual Tax Amount $3,393

Lot Size 4,791 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 Lansing

Direction i496 Block North on Pennsylvania East Block

Interior

Interior Features Cable Available

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Road Frontage Paved

Garage no

Building

Foundation Crawl, Michigan Basement

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

Water Public (Municipal), Water at Street

Structure Type Vinyl

Schools

School District Lansing

Others

Pets Allowed Yes

Tax ID 33010115378141

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Sandi L Gentry of RE/MAX Lakeshore
Bought with Cody & Co.
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