217 N Summit Street Active Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48197
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025051296
Bedrooms 4
Year Built 1910
Annual Tax Amount $7,213
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 59x140
Source Greater Metropolitan Association of REALTORS®
Property Description
Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income, $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Extremely low vacancy rate over the years. Updates in the last 4 years include Roof, Heating system, driveway and parking lot and some unit updates. Awesome Investment opportunity.
Location
State MI
County Washtenaw
Area Ypsilanti
Direction North of Washtenaw South of Michigan Ave
Rooms
Basement Daylight
Interior
Interior Features Laundry Facility,Cable Available
Heating Steam
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 7.0
Road Frontage Paved,Pub. Sidewalk
Garage no
Private Pool No
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Block,Stone,Vinyl
Schools
School District Ypsilanti
Others
Pets Allowed Yes
Tax ID 111140138023
Ownership Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional