Thank you
Kirk D Glassel
The Charles Reinhart Company
734-971-6070
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.
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Laundry Facility,Cable Available
Roof : Other
Basement Description: Walkout Access
Heating: Forced Air,Hot Water,Wall/Floor Furnace
Heating Fuel: Natural Gas
Year Built: 1929
Total Units: 3
Roof: Other
Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Public (Municipal),Water at Street
Lot Size: 0.14
Lot Dimensions: 36 x 165
Frontage Feet: 36
Financing: Cash,Conventional,Trade/Exchange
Original List Price: $385,000
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.
Annual Tax: $7,051
Parcel Number: 111140109012
Subject To Tenant Rights
Legal Description: Section: *OLD SID - 11 11-441-397-20 YP CITY 44W-100 S 36 FT OF LOT 397 NORRIS & CROSS ADDITION.
Parking: 5
Road Frontage: Paved,Pub. Sidewalk
# of Bedrooms: 1
# of Bedrooms: 1
# of Bedrooms: 1
School District: Ypsilanti
Water:Public (Municipal),Water at Street
Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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 |
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.