124 N Summit StreetYpsilanti, MI 48197
$495,000
Listing courtesy of The Charles Reinhart Company
9
Beds
2,460
Sqft
About
This Home
Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1890
- Lot Size
- 0.21 acres
- Heating
- Baseboard, Hot Water, Natural Gas
- Basement
- Full
- Annual Taxes
- $8,821
- MLS #
- 81026042161
About Ypsilanti
Home to Eastern Michigan University and historic Depot Town, with older homes full of character close to Ann Arbor.
Gallery
Listing courtesy of The Charles Reinhart Company. MLS # 81026042161. Information is deemed reliable but not guaranteed and should be independently verified.
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