533 N Seymour Avenue, Lansing, MI 48933 (MLS# 234737)


$164,900
533 N Seymour Avenue
Lansing, MI 48933
MLS# 234737



533 N Seymour Avenue, Lansing, MI 48933
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533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933 533 N Seymour Avenue, Lansing, MI 48933

Property Description
533 Seymour Ave, Lansing MI 48933 This beautiful 4 plex is an investor's dream. Your return will include full capacity tenants, stunning architectural details, and a coveted location in the historical downtown capital area. This majestic corner property offers four well maintained and managed 2 BR apartments -- each with its own unique amenities: a small, fenced back yard with picnic table and shed; a large basement with plenty of tenant storage space; and ample off-street parking. 533 Seymour: This stunning 2 BR, 950 sq. ft. down stairs apartment offers soaring 10 foot ceilings and a vast, open floor plan. Exquisite architectural details are found in the updated hardwood floors; large picture and bay windows; antique fixtures, fireplace, and French doors.

Details
Maps
Documents
None
Current Price: $164,900
Contract Info
List Price: $164,900
Location & Legal Info
Street #: 533
Street Direction: N
Street Name: Seymour
Suffix: Avenue
State: MI
Zip Code: 48933
Zip +4: 1117
School District: Lansing
Key: CBO
Township/Tax Authority: Lansing Twp
County: Ingham
Subdivision: None
Legal: E 6 R LOT 1 BLOCK 71 ORIG PLAT
Directions: Corner of Seymour and Lapeer
General Property Info
Building 1 Description: 2 story quadplex
# of Units: 4
Year Built: 1873
SqFt - Above Appx: 3743
Parking Total: 4
Lot Dimensions: 66x99
Lot Acres: 0.25
Tax Info
State Eq Value: 40500
Taxes: 4960
Tax Year: 2018
Parcel #: 33-01-01-16-129-161
Taxable Value: 40500
Zoning: Residential
Remarks & Misc
Photo Instructions: Office Submit
Status Change Info
Status: Active
Annual Inc & Expense
Gross Rent: 33600
Water/Sewer Expense: 4770
Tax Expense: 4957
Miscellaneous: 2420
Insurance: 1860
Net Income: 19592
Unit 1
Unit: 533
Rooms: 4
Baths: 1
Bedrooms: 2
Finished SqFt: 950
Unit 2
Unit: 533 1/2
Rooms: 4
Baths: 1
Bedrooms: 2
Finished SqFt: 1088
Unit 3
Unit: 303 Lapeer
Rooms: 5
Baths: 1.5
Bedrooms: 2
Finished SqFt: 1046
Unit 4
Unit: 303 1/2
Rooms: 4
Baths: 1
Bedrooms: 2
Finished SqFt: 717
Unit Information
Registered/Licenses: City of Lansing
Misc Business Info
Overall Building Siz: 3743
Parking Surface: Concrete/Dirt
Roof Type: Shingle
Property Features
Basement: Full; Michigan
Exterior: Wood Siding
Driveway: Concrete; Dirt
Water: Public
Sewer: Public Sewer
Roof: Shingle
Extras: Smoke Alarm
Garage: No Garage
Heating: Electric; Hot Water - Gas
Water Heater: Gas Natural
Land & Acreage: Up to 1/4 Acre
Type: Two Story
Terms: Cash; Conventional; FHA; VA Loan
Showing: 24 Hour Notice; Combo; Showing Time
Supplements
Further updates include new counter tops and linoleum flooring in both the galley kitchen and bathroom. Two entrances open from the concrete driveway providing plenty of residential off-street parking. 533 1/2 Seymour: This private 2 Br, 1088 sq. ft. upstairs apartment offers stunning architectural details found in the updated hardwood floors; bright, large picture windows; antique cast iron heat registers; and hidden storage space provided by the attic and multiple closets throughout. The impressive master bedroom offers soaring 10 foot ceilings, a picturesque bay window and walk-in closet. Further updates include new countertops and linoleum flooring in both the quaint kitchen and bathroom which also features an etched glass window and pedestal sink. 303 Lapeer: This 2 Br, 1 1/2 bath, 1046 sq. ft. apartment offers lovely architectural details found in the hardwood floor dining room lit by etched - glass windows and opens to the spacious and windowed kitchen. The master bedroom includes a half bath and opens directly to the fenced back yard. There is updated carpet flooring in living room and both bedrooms. Two entrances open from the driveway providing plenty of residential off-street parking. 303 1/2 Lapeer: This charming and private 2 BR, 717 sq. ft., upstairs apartment offers a private entry into a lovely interior vestibule complete with wood banister, carpeted staircase lit with chandelier, and mirrored fixtures. The apartment offers an open living and dining room floor plan with hardwood floors; a windowed galley kitchen and bathroom; and updated carpeted bedrooms that include one balcony. Your tenants will enjoy a brief stroll to nearby parks, the Lansing River Walk, Old Town, the farmer's market, unique shops and restaurants. Although the home is located within a historical neighborhood, it is also steps from LCC, the capital building, Sparrow hospital, and MSU all of which reflect the professional tenant demographic.

Listing Office: Century 21 Cedarwood

Listing Agent: Jeffrey Bone

Last Updated: April - 15 - 2019

Information deemed reliable but not guaranteed.

Sunday 21st of April 2019 04:49 AM