311 Washtenaw Avenue new Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48197
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25013236
Year Built 1884
Annual Tax Amount $4,563
Tax Year 2024
Lot Size 2,614 Sqft
Property Sub-Type 2 to 4 Units
Property Description
This Ypsilanti duplex features a 2 bedroom main level unit and a 1 bedroom upper unit. Tenants pay gas and electric. Each unit has its own furnace & water heater. Shared driveway. Currently rented at below market rents. Unit 1 rent is $700/month and Unit 2 rent is $850/month. Landlord pays water, taxes, and insurance. Total annual expenses $6,411; gross operating income $18,600; net operating income $12,189. Great proximity to downtown Ypsilanti, EMU and Depot Town. Showings begin Saturday, April 12th.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Parking Features Driveway,Gravel
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
View Y/N No
Roof Type Rubber
Building
Lot Description Level
Sewer Public Sewer
Structure Type Other
New Construction No
Schools
School District Ypsilanti
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional