MLS#293580
STATUSActive Under Contract
PROPERTY TYPECommercial - Business
SUBDIVISIONOriginal of Lansing
Property Description
Fully leased 23-unit apartment building located at 525 N Seymour St in Lansing, MI, just minutes from the State Capitol, downtown Lansing, and Lansing Community College. The property features a desirable unit mix of 11 one-bedroom/one-bath units and 12 two-bedroom/one-bath units, providing appeal to students, professionals, and long-term renters. With 100% occupancy, this asset offers immediate, stabilized cash flow from day one. Its central location near major employment centers, government offices, public transportation, and downtown amenities supports strong and consistent rental demand. An excellent opportunity for investors seeking a well-located multifamily property with long-term income stability and potential for future rent growth.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Baseboard, Forced Air, Hot Water, Radiant
Lot Size: 0.38 Acres
Stories: 3.0
Taxes: $17,698
Year Built: 1966
Feature Descriptions
Days on Site: 41
Exterior: Brick
Laundry: Common Area
Lot Dimensions: Irregular
Parcel #: 33-01-01-16-129-151
Parking: Parking Lot
Sewer: Public Sewer
SQFT Total: 17873
Units: 23
Water: Public
Listed By / Shown By
Listed By
Agency Name: Apex Appraisal Company LLC
Shown By
Agent Name: Julie Childers
Agent Phone: Cell: (517) 673-1829
Agency Title: Key Realty
525 Seymour Avenue | MLS# 293580
This commercial property located at 525 Seymour Avenue, Lansing, MI 48933 is currently listed for sale with an asking price of $1,610,000. Search Lansing real estate on www.teamchildersrealty.com today.