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Key Details
Sold Price $185,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81025013236
Sold Date 05/16/25
Bedrooms 2
Year Built 1884
Annual Tax Amount $4,563
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 34x82.5
Source Greater Metropolitan Association of REALTORS®
Property Description
This Ypsilanti duplex features a 2 bedroom main level unit and a 1 bedroom upper unit. Tenants pay gas and electric. Each unit has its own furnace & water heater. Shared driveway. Currently rented at below market rents. Unit 1 rent is $700/month and Unit 2 rent is $850/month. Landlord pays water, taxes, and insurance. Total annual expenses $6,411; gross operating income $18,600; net operating income $12,189. Great proximity to downtown Ypsilanti, EMU and Depot Town. Showings begin Saturday, April 12th.
Location
State MI
County Washtenaw
Area Ypsilanti
Zoning Other
Direction Between N. Hamilton and N. Adams
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Roof Type Rubber
Road Frontage Paved
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal)
Structure Type Other
Schools
School District Ypsilanti
Others
Pets Allowed Yes
Tax ID 111140482003
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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