206 S Huron Street
Ypsilanti, Michigan 48197
8
Bed
0
Bath
0.26Acre(Lot)
Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and area amenities. Financial information and lease
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Interior Features
Laundry Facility -
Heating & Cooling
Heating: Forced Air,Hot Water,Radiant Heating Fuel: Natural Gas
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Building Information
Year Built: 1873 Total Units: 4 Foundation/Basement: Michigan Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.26 Lot Dimensions: 74 x 165 Frontage Feet: 60 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $475,000 -
Listing Information
Possession: At Close Legal Description: REWRITE PER W.D. L2099 P426 YP CITY 2-W219 S 1/2 OF LOTS 144 & 145 AND E 1/2 OF THE S 1/2 OF LOT 143, ALSO THE E 15 FT OF THE S 1/2 OF THE WEST 1/2 OF LOT 143 ORIGINAL PLAT.
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Tax Information
Annual Tax: $11,172 Parcel Number: 111139411010Possession
At CloseLegal Information
Legal Description: Section: REWRITE PER W.D. L2099 P426 YP CITY 2-W219 S 1/2 OF LOTS 144 & 145 AND E 1/2 OF THE S 1/2 OF LOT 143, ALSO THE E 15 FT OF THE S 1/2 OF THE WEST 1/2 OF LOT 143 ORIGINAL PLAT.
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Unit 1 Information
# of Bedrooms: 1 -
Unit 2 Information
# of Bedrooms: 2 -
Unit 3 Information
# of Bedrooms: 1
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School Information
School District: Ypsilanti -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 428 N Washington Street , Ypsilanti, MI, 48197 | $339,000 | 5 | -- | -- | 0.08 Acre |
| 430 N Adams Street , Ypsilanti, MI, 48197 | $395,000 | 8 | 5 | 3,400 | 0.10 Acre |
| 518 W Michigan Avenue , Ypsilanti, MI, 48197 | $296,400 | 3 | -- | -- | 0.12 Acre |
| 425 N Adams Street , Ypsilanti, MI, 48197 | $375,000 | 4 | -- | -- | 0.18 Acre |
| 415 W Forest Avenue , Ypsilanti, MI, 48197 | $650,000 | 7 | 3 | 3,295 | 0.25 Acre |
| 515 N Congress Street , Ypsilanti, MI, 48197 | $395,200 | 3 | -- | -- | 0.15 Acre |
| 126 College Place , Ypsilanti, MI, 48197 | $395,000 | 10 | 4.5 | 4,365 | 0.14 Acre |
| 360 1st Avenue , Ypsilanti, MI, 48197 | $175,000 | 4 | 4 | 2,874 | 0.45 Acre |
| 932 N Congress Apt3 Str.., Ypsilanti, MI, 48197 | $1,600 | 2 | 2 | 800 | 0.18 Acre |
| 217 N Normal Street , Ypsilanti, MI, 48197 | $349,900 | 7 | 4 | 3,325 | 0.24 Acre |
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Nearby For Sale
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ByOwner last updated this listing 10/12/2026 @ 04:10
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