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Kristine Ludy

kristine@realtorsinmichigan.com +1(248) 704-9922

$375,000

Est. payment - /mo

7,840 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81026052740

Year Built 1915

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property Description

Fully occupied 4-unit investment property in Ypsilanti featuring four 1-bedroom, 1-bath units and $37,740 in current annual rental income, including garage income. All four units are currently rented, providing an investor with established cash flow from day one. Each unit offers a practical layout, with locked private storage for each tenant in the basement and shared washer and dryer facilities. The property also includes a detached garage, currently generating additional rental income. Conveniently located near downtown Ypsilanti, Eastern Michigan University, shopping, dining, parks and major commuter routes. A great opportunity to add a fully rented, income-producing multifamily property to your investment portfolio with potential for future rental growth.

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Rooms

Basement Full

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry CommonArea, InBasement

Exterior

Parking Features Garage, Gravel

Community Features Sidewalks

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction No

Schools

School District Ypsilanti

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Beau La Fleur of @properties Christie's Int'lAA

NEARBY SCHOOLS & PROPERTIES

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Kristine Ludy

+1(248) 704-9922

Agent License ID: 6501431660

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425 N Adams ST Ypsilanti City, MI 48197

Kristine Ludy

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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425 N Adams ST