525 Seymour Avenue, Lansing, MI 48933
- $1,420,000
- Sold Price
- $1,420,000
- List Price
- $1,610,000
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.
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Listing courtesy of Listing Agent: Benjamin Parker (ben@apexcollc.net) from Listing Office: Apex Appraisal Company LLC.
Listing courtesy of Benjamin Parker from Apex Appraisal Company LLC
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