MI > Ypsilanti > Mi
Ypsilanti, MI 48197-2775,217 N Summit Street
Ypsilanti, MI 48197-2775,217 N Summit Street
Ypsilanti, MI 48197-2775,217 N Summit Street
Ypsilanti, MI 48197-2775,217 N Summit Street
Ypsilanti, MI 48197-2775,217 N Summit Street
Ypsilanti, MI 48197-2775,217 N Summit Street
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 499,900
Est. payment | /mo

8,276 Sqft Lot

Save
$ 499,900
Est. payment | /mo
Save

8,276 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70497954

Year Built 1910

Annual Tax Amount $7,213

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 59x140

Property Sub-Type Multi-Family

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 (81033)

Rooms

Basement Egress/Daylight Windows

Interior

Heating Steam

Exterior

Exterior Feature Stone, Vinyl Siding

Amenities Available Laundry Facility

Building

Lot Description Sidewalks

Foundation Basement

Structure Type Stone,Vinyl Siding

Schools

School District Ypsilanti Public School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One Inc
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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217 N Summit Street