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$ 296,400
Est. payment /mo
Price Dropped by $15K
518 W Michigan Avenue Ypsilanti, MI 48197-5385
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70544363
Year Built 1893
Annual Tax Amount $7,537
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 75x70
Property Sub-Type Multi-Family
Property Description
Turnkey investment perfect for any investor. Perfect for student housing. This 3 unit/residential multi-family is close to the university and the downtown. An old large house turned into apartments with reasonable rents and well maintained. With parking spaces, the city transit and nearby business and food services, this is an ideal location. High earnings . Clean spacious, and ready to make someone passive income. Zoning map attached. Monthly income is $2,665.
Location
State MI
County Washtenaw
Area Ypsilanti (81033)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement, Crawl, Slab
Structure Type Vinyl Siding
Schools
School District Ypsilanti Public School District
Others
Energy Description Electric,Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Beal Properties LLC
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