$479,900

217 N Summit Street, Ypsilanti, MI 48197

Multi-Family Home
Built in 1910
8,276sqft lot
—— car garage
$——/sqft
Listed 29 days ago

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.

Listing Status:: Active
Listing Office:: Real Estate One Inc : 734-944-7900
Listing Agent:: Michael Lee : 734-368-8219
MLS ID:: 70497954

Laundry: Common Area
Basement: Daylight
Heating: Steam

General: StoneVinyl SidingBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Ypsilanti Public School District
County: Washtenaw

Zoning: *OLD SID - 11 11-175-056-00 YP CITY 21W-79 LOT 56 EXCEPT N 7 FT CROSS & BAGLEY'S ADDITION.

Source: MiRealSource

This listing courtesy of Michael Lee, Real Estate One Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Estabrook Elementary School

1555 W Cross St, Ypsilanti, MI, 48197

Grades 2-5

0.73 miles away

Washtenaw International Middle Academy

105 N Mansfield St, Ypsilanti, MI, 48197

Grades 6-8

0.70 miles away

Ypsilanti Community High School

2095 Packard Rd, Ypsilanti, MI, 48197

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.