• 408 N Hamilton Street Ypsilanti, Michigan 48197

  • $395,000
  • 6
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 0.14
    Acre

Outstanding and high performing triplex investment property with stable tenants and fully occupied. Located in a very popular investment property area in the City of Ypsilanti. Very close and convenient to Eastern Michigan University's campus, the famous Depot Town, restaurants, bars, coffee shops, shopping and so much more. Cap rate is a healthy 6.8%. Contact the listing agent for more information.

Property Type :

Multifamily

County :

Washtenaw

Style :

Multifamily

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Property Details

 

Interior Features

Laundry Facility,Cable Available

Roof : Other

Basement Description: Walkout Access

Heating & Cooling

Heating: Forced Air,Hot Water,Wall/Floor Furnace

Heating Fuel: Natural Gas

Building Information

Year Built: 1929

Total Units: 3

Roof: Other

Utility Features

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

Water

Public (Municipal),Water at Street

Lot Information

Lot Size: 0.14

Lot Dimensions: 36 x 165

Frontage Feet: 36

Property Information

Financing: Cash,Conventional,Trade/Exchange

Listing Price Information

Original List Price: $385,000

Listing Information

Possession: Subject To Tenant Rights

Legal Description: *OLD SID - 11 11-441-397-20 YP CITY 44W-100 S 36 FT OF LOT 397 NORRIS & CROSS ADDITION.

Tax Information

Annual Tax: $7,051

Parcel Number: 111140109012

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: *OLD SID - 11 11-441-397-20 YP CITY 44W-100 S 36 FT OF LOT 397 NORRIS & CROSS ADDITION.

Parking Information

Parking: 5

Multi-Unit Information

Road Frontage: Paved,Pub. Sidewalk

Unit 1 Information

# of Bedrooms: 1

Unit 2 Information

# of Bedrooms: 1

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 @ 05:58

MLS: 605468467
LISTED BY: Kirk D Glassel , The Charles Reinhart Company
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3.00%
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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