Custom from a local computer place:
P1 133
32(?) MB RAM
1.5GB Harddrive
No idea about graphics.
28.8k modem.
Sure, it had the internet, but when you could go make coffee in the time pages took to load you couldn't do too much with it.
I had to compress the (Using the old-school system where it compresses the entire drive) so I could play Diablo 2, despite not meeting the required Minimum processor speed (It needs a 233, lol).
We later upgraded to a 56k modem, and I think a faster CD drive. We got it not long after Win95 came out, actually, though I didn't know at the time. It also happened to cost $3300 with the 17 inch monitor we got (which was $300 by itself.) I know the price because I found the invoice a while ago, and remembered it.