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$349,900
Est. payment /mo
4 Baths
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ypsilanti City
Subdivision Ypsilanti City
MLS Listing ID 20261078875
HOA Y/N true
Year Built 1909
Annual Tax Amount $12,042
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 66 x 155
Source Realcomp
Property Description
Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and generous storage space. The property offers convenient access to EMU, downtown Ypsilanti, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or explore an owner-occupied investment opportunity, this distinctive property offers plenty of possibilities!
Location
State MI
County Washtenaw
Zoning Multi-Family,Residential
Direction From eastbound Washtenaw, turn right on N Normal and property is on the right.
Interior
Heating Radiant
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Stucco,Wood Siding
Schools
School District Ypsilanti
Others
Tax ID 111140164035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Prospect Realty Group
NEARBY SCHOOLS & PROPERTIES
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