1037 Bement Street Lansing, MI $ 134,900
1037 Bement Street
$ 134,900
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1037 Bement Street

Lansing, MI, 48912
$ 134,900
Baths0.0

Monthly Estimate*

$ 942

1037 Bement Street, Lansing, MI 48912 - Image 1
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1037 Bement Street, Lansing, MI 48912 - Image 12
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Studio

Multi-Family Home for sale in Lansing, MI

for $134,900. This home was built in 1909 on a lot size of 0.11.

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!

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Multi-Family Pending

Price

$ 134,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,393

Style

2 to 4 Units

Lot Size

0.11

Year Built

1909

Town/City

Lansing

County/Region

Ingham

MLS | Web ID

24014343

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Phone Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Natural Gas Connected Electric Connected
Construction Materials Vinyl Siding
Year Built 1909
Tenant Pays Electric Water Trash Collection Sewer Gas
Property SubType 2 to 4 Units
Tax Year 2023
County Ingham
New Construction N
Property Type Multi-Family
Status Pending
Directions i496 Block North on Pennsylvania East Block
City Lansing
High School District Lansing
Total Units 2
MLS Area Ingham County - 20
Lot Size Square Feet 4748.0
Waterfront Y/N N
Street Name Bement
Land Lease Y/N N
Tax Annual Amount 3393.73
Lease Renewal Y/N N
MLS Area Minor Ingham County - 20
Additional Parcels Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/wmlar/24014343
Days on Market 1
Standard Status Pending
Tax Assessed Value 47200
Legal Description LOT 30 BLOCK 6 LANSING IMPROVEMENT COMPANYS ADD
Senior Community None
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Interior
Basement Crawl Space Michigan Basement
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Level
Total Parking 2.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 39.5 x 120
Lot Size Acres 0.11
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1037
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* Excluded Features
List By
Re/Max Lakeshore

Broker

sandi@sandigentry.com

Email

Affordability Calculator

$1,225
Per Month
77%
23%
0%
Monthly Principal & Interest
$942
Monthly Property Taxes
$283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1144908 Elementary School
1144919 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$134,900 Listed Price

Map


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1037 Bement Street, Lansing, MI, 48912 is a Multi-Family Home for sale at $134,900 with a lot size of 0.11. 1037 Bement Street is a studio with 0.0 baths and was built in 1909. The property's zip code is 48912 which is in Lansing, MI