• 109 N Summit Street Ypsilanti, Michigan 48197

  • $420,000
  • 7
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.23
    Acre

Attention Investors!Discover this exquisite three-unit multi-family residence nestled in the heart of Downtown Ypsilanti. Perfectly situated within walking distance to Eastern Michigan University, parks, downtown, Frog Island, Depot town, and more, this prime property beckons to those seeking convenience and charm. Currently boasting tenants in 2 out of 3 units, this income-generating gem awaits its next landlord or resident. Each unit offers a private entry, ensuring privacy and security. The property has undergone numerous upgrades, including newer siding, a fresh roof, and updated HVAC systems, furnaces, AC, and mini-splits.Step inside to discover a host of interior enhancements, from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers.from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers. Two-thirds of the units boast renovated kitchens equipped with updated cabinetry, granite countertops, and top-of-the-line appliances. For added convenience, private laundry facilities are available in the lower and main level units, catering to tenants seeking premium amenities. Additional highlights include vinyl windows, newer water tanks, upgraded plumbing, and modernized electrical systems. Outside, tenants will appreciate the convenience of a large private parking area and a spacious, oversized backyard. Don't miss out on this exceptional investment opportunity! Schedule your viewing today.

Property Type :

Multifamily

County :

Washtenaw

Style :

Multifamily

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Property Details

 

Interior Features

Laundry Facility,Cable Available

Roof : Composition

Heating & Cooling

Cooling: Wall Unit(s)

Heating: Forced Air,Heat Pump

Heating Fuel: Heat Pump,Natural Gas

Building Information

Year Built: 1909

Total Units: 3

Roof: Composition

Utility Features

Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.23

Lot Dimensions: 66x149

Frontage Feet: 66

Property Information

Financing: Cash,Conventional,FHA

Listing Price Information

Original List Price: $420,000

Listing Information

Possession: Subject To Tenant Rights

Legal Description: *OLD SID - 11 11-175-065-00 YP CITY 21W-92 LOT 65 CROSS & BAGLEY'S ADDITION.

Tax Information

Annual Tax: $7,155

Parcel Number: 111140162021

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: *OLD SID - 11 11-175-065-00 YP CITY 21W-92 LOT 65 CROSS & BAGLEY'S ADDITION.

Parking Information

Parking: 8

Unit 2 Information

# of Bedrooms: 2

Unit 3 Information

# of Bedrooms: 1

School Information

School District: Ypsilanti

Utility Information

Water:Public (Municipal),Water at Street

Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7707 Stony Creek Road , Ypsilanti, MI,48197 $1,199,000 -- -- -- 80.17 Acres
8501 Martz Road , Ypsilanti, MI,48197 $1,100,000 -- -- -- 75.87 Acres
1901 Huron River Dr , Ypsilanti, MI,48197 $700,000 -- -- -- 5.31 Acres
6115 Whittaker Road , Ypsilanti, MI,48197 $179,250 -- -- -- 2.41 Acres
271 N Hewitt Road , Ypsilanti, MI,48197 $48,900 -- -- -- 0.31 Acre
5500 Stony Creek , Ypsilanti, MI,48197 $250,000 -- -- -- 1.4 Acres
9624 Martz Road , Ypsilanti, MI,48197 $999,000 -- -- -- 40 Acres
1750 N Huron River Drive , Ypsilanti, MI,48197 $649,000 1 1 871 6.26 Acres
3618 Colt Drive , Ypsilanti, MI,48197 $515,990 3 2 2,188 --
4366 Ridgewood Drive , Ypsilanti, MI,48197 $395,000 3 2.5 2,104 0.26 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/02/2024 @ 19:42

MLS: 604582396
LISTED BY: Joshua A Dillon , J Dillon Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 2.00%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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