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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81025013236
Year Built 1884
Lot Size 2,613 Sqft
Property Sub-Type MultiFamily
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 Area04152Ypsilanti
Interior
Heating Forced Air, Natural Gas
Exterior
Parking Features Gravel, SharedDriveway, Unpaved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Rubber
Building
Lot Description Level
Sewer Public Sewer, Sewer At Street, Storm Drain
Water Public
New Construction No
Schools
High Schools Ypsilanti
School District Ypsilanti
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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