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Key Details
Sold Price $2,700,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Ypsilanti City
MLS Listing ID 24036375
Sold Date 11/01/24
Year Built 1962
Annual Tax Amount $39,563
Tax Year 2023
Lot Size 0.440 Acres
Acres 0.84
Lot Dimensions Irregular
Property Description
Rare opportunity for this 3 property offering within a 3 minute walk to Eastern Michigan University campus! 27 unit well maintained apartment buildings (2) plus two adjacent rental properties on a total of 0.84 acres. 2 apartment buildings contain eighteen 1 bedroom, three 2 bedroom, and 6 efficiency units. Included in this sale are 208 N Normal St and 214 N Normal St. 208 N Normal St is a 5 bedroom 2 bath rental property. 214 N Normal St is a 4 bedroom 1 bath rental property. 715 Washtenaw has $258,703 in rental income. 208 N Normal has $23,530 in rental income. 214 N Normal has $19,200 in rental income. The buildings have 60 mil GAF Everguard TPO roofs that were installed in 2016.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Direction Washtenaw Ave and N Normal
Rooms
Basement Daylight, Full, Other
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplaces Number 4
Exterior
Garage Asphalt, Driveway
Utilities Available Electricity Available, Cable Available, Electricity Connected, Cable Connected, Water Available, Sewer Available
Waterfront No
View Y/N No
Total Parking Spaces 37
Building
Sewer Public Sewer
Structure Type Brick,Wood Siding
New Construction No
Schools
School District Ypsilanti
Others
Tax ID 11-11-40-430-001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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