525 Seymour AVE, Lansing, MI 48933
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525 Seymour AVE, Lansing, MI 48933
525 Seymour AVE, Lansing, MI 48933
525 Seymour AVE, Lansing, MI 48933
525 Seymour AVE, Lansing, MI 48933
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Neal Sanford

Neal Sanford

+1(517) 202-7230
Listed by Apex Appraisal Company LLC
$ 1,610,000
Est. payment /mo
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Active Under Contract

525 Seymour AVE Lansing, MI 48933

0.38 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Original Of Lansing

MLS Listing ID 293580

Year Built 1966

Annual Tax Amount $17,698

Tax Year 2025

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions Irregular

Property Sub-Type Multi Family

Source Greater Lansing Association of REALTORS®

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.

Location

State MI

County Ingham

Community Original Of Lansing

Direction Saginaw St west of the Grand River to Seymour St, south to property.

Rooms

Basement Partially Finished

Interior

Heating Baseboard, Forced Air, Hot Water, Radiant

Cooling None

Laundry Common Area

Exterior

Parking Features Parking Lot

View Y/N No

Building

Lot Size Range 0.38

Sewer Public Sewer

Schools

High Schools Lansing

School District Lansing

Others

Tax ID 33-01-01-16-129-151

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

NEARBY SCHOOLS & PROPERTIES

Neal Sanford

Neal Sanford

Broker Associate

+1(517) 202-7230

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525 Seymour AVE