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$ 495,000
Est. payment /mo
Active
124 N Summit Street Ypsilanti, MI 48197-3060
2,460 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $201
Subdivision Mi
MLS Listing ID 70551832
Year Built 1890
Annual Tax Amount $8,821
Tax Year 2026
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 62x150
Property Sub-Type Multi-Family
Property Description
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.
Location
State MI
County Washtenaw
Area Ypsilanti (81033)
Interior
Heating Baseboard, Hot Water
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Ypsilanti Public School District
Others
Energy Description Natural Gas
Financing Cash,Conventional

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by The Charles Reinhart Company
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