Ypsilanti, MI 48197,311 Washtenaw Avenue
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Ypsilanti, MI 48197,311 Washtenaw Avenue
Ypsilanti, MI 48197,311 Washtenaw Avenue
Ypsilanti, MI 48197,311 Washtenaw Avenue
Ypsilanti, MI 48197,311 Washtenaw Avenue
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311 Washtenaw Avenue Ypsilanti, MI 48197

2,614 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

MLS Listing ID 25013236

Year Built 1884

Annual Tax Amount $4,563

Tax Year 2024

Lot Size 2,614 Sqft

Acres 0.06

Lot Dimensions 34x82.5

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

Direction Between N. Hamilton and N. Adams

Rooms

Basement Full

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

Street Surface Paved

Total Parking Spaces 1

Building

Lot Description Level

Sewer Public Sewer

Structure Type Other

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-40-482-003

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by The Charles Reinhart Company
agent

Linda Lombardini

Owner, Team Leader | License ID: 6501255870

+1(734) 302-3600

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311 Washtenaw Avenue