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Key Details
Sold Price $420,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Ypsilanti City
Subdivision Ypsilanti City
MLS Listing ID 20240057504
Sold Date 10/15/24
Originating Board Realcomp
Year Built 1868
Annual Tax Amount $6,407
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 52.00 x 198.00
Property Description
**Prime Investment Opportunity in Ypsilanti** Discover this exceptional three-family income property, fully leased and generating stable rental income. With a total of 2,200 sq. ft., this property offers two 2-bed, 1-bath units and one 3-bed, 2-bath unit, perfectly designed to attract tenants. Located just blocks from Eastern Michigan University, this prime location ensures consistent demand and strong rental potential. The property was meticulously rebuilt from the foundation up in 2005, showcasing modern amenities and quality craftsmanship. **Key Features:** - **Total Area:** 2,200 sq. ft. - **Unit 1:** 2-bed, 1-bath - **Unit 2:** 2-bed, 1-bath - **Unit 3:** 3-bed, 2-bath - **Location:** Blocks away from Eastern Michigan University - **Condition:** Completely rebuilt from the foundation up in earlier 2000s, Invest in this well-maintained, fully leased property and enjoy the benefits of a stable income stream in a sought-after location. Don’t miss out on this prime investment opportunity!
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Zoning Residential
Direction On Congress west of Hamilton st, House is on south side of street!
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Aluminum Siding,Vinyl Siding
Others
Tax ID 111140463009
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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