Infill Opportunity Near Downtown Lansing! NO HOA!
Listing Name: Bluff St
Size: 0.11 Acres
Discounted Cash Price: $ 6,995
Or you could get this property today for as little as $2,000!
Ask us how!
Usage: Single-family detached-home
Location: Lansing, MI
Highlights
- Already cleared and set-up for a single family home!
- City-maintained road, no HOA or deed restrictions.
- Water, sewer, power at street
- Near downtown, MSU, parks, museums, and zoo
Details
Picture a new chapter for this compact Bluff Street lot in central Lansing. Set within an established urban neighborhood near Old Town, downtown, the State Capitol, River Trail, and Jackson Field, the parcel may suit a thoughtful detached-home infill project. Lansing’s current residential code includes provisions for existing lots under 40 feet wide, but the City must confirm the current zoning, lot-of-record status, building envelope, access, and utilities before purchase.
Call or text 520-445-3288 for current availability and next steps.
Bluff St to the Right
Bluff St to the Left
Infill houses nearby
Stats
Size: 0.11 acre
Approximate Dimensions: 38 by 132 feet; dimensions are not a survey
Legal Description: Lot 10, Assessor’s Plat No. 40.
Subdivision: Assessor’s Plat No. 40
County / State: Ingham County, Michigan
Location: 617 Bluff St, Lansing, MI 48906
Approximate GPS Center: 42.743888, -84.560878
Zoning: City of Lansing R-3
Possible Dwelling Path: Single-family detached-home potential; the exact design and plot plan require City review and approval.
Road / Access: Bluff Street; paved access and City maintenance reported
Utilities: Water and electric: Lansing Board of Water & Light; sewer and municipal waste: City of Lansing Public Service; natural gas: Consumers Energy; all reported at the street. Taps, meters, laterals, capacity, connection eligibility, construction timing, and fees are unverified.
Terrain: Reported flat and cleared; no survey, topographic study, or soil report supplied
Flood / Wetland Screening: FEMA Zone X; minimal mapped flood hazard; outside the mapped Special Flood Hazard Area. No mapped NWI wetland feature across the parcel; screening only.
HOA / POA: No known HOA or POA.
Annual Taxes: $80 per available records; buyer to verify.
Important Buyer Notes
The reported 38-foot lot width is two feet below the current R-3 standard. A narrow-lot code pathway and City staff confirmation support single-family potential, but the City must approve the buyer’s exact plot plan, setbacks, driveway/parking layout, dwelling design, and permits.
A former house reportedly burned down. No demolition file, foundation assessment, debris/soil review, environmental clearance, utility-lateral status, or City code record was supplied; the buyer should investigate the former improvement and site history.
The parcel dimensions and acreage are assessor/vendor figures, not a survey. A boundary and title review should confirm the lot, legal access, and complete legal description.
Camping and RV occupancy are not allowed; any off-site-built dwelling requires product-specific City classification and approval.
Disclosures
Seller is offering to assign seller’s equitable interest in this real property.
Buyer is responsible for verifying all information with the County as to what can and can’t be done with the property. Buyer will need to work with the County to obtain the proper permits if needed. Buyer will also need to confirm the availability of any utilities.
Common Buying Options
Cash and Same as Cash
Get the best pricing with the Discounted Cash price. This always results in the least total amount paid!
On some properties, we are also able to offer the cash price with no interest if you are able to fully complete the purchase in 6 months or less. For this to work, we ask for 50% of the total cash price up front, and then you’ll have the following 5 months to pay the remaining 50% in whichever fashion works best for you (2 payments of 25% each, 5 payments of 10% each, 2 payments of 20% each and 1 of 10%, etc). The funds are held in escrow by a state licensed Title Agency until closing, so everyone is secure. Title will close the sale once the total purchase price has been paid.
Financing
Yes! WE DO offer seller financing!
Keep in mind that we are a small family business, we don’t pull a credit report and we don’t charge any origination or early payment fees… so we need to charge a somewhat higher interest rate and cannot offer the discounted cash price on seller financed sales. Our annual interest rate varies, but if you have other sources of financing we encourage you to investigate those options first because if you can bring outside financing, that will allow you to take advantage of the discounted cash price!
The down payment amount for most properties has been established at a level that allows for a traditional close – you will own the property at closing! The future monthly payments are secured by a Mortgage or Deed of Trust, depending on the state the property is in.
If the down payment required for a traditional close is a problem, on select properties we also offer a lease purchase option with a much lower up front cost. With this option, you don’t immediately own the property. However you will have the right to access and use it as vacant land, and you will be building credit monthly towards its eventual purchase.
The monthly payment amount and the number of payments are negotiable in either case! It will basically depend on how long will you need to complete the payoff.
Note that not all options are available on all properties.
Give us a call to find the terms that work best for you!
Option 1: Low Upfront Payment + Low Monthly, but longest terms (No rush! Get it done when you can, with a higher total amount paid)
Option 2: Low Upfront Payment + High Monthly, for mid duration terms (Get it done at a comfortable pace, with moderate total amount paid)
Option 3: High Upfront Payment + Mid Monthly, but shortest terms! (Get it done and over with quickly, with less total amount paid)