Overview
| Status Coming Soon | Category Sale | Type Residential | Year built 1909 |
| Area, sq ft 2862 sq ft | Architecture Level 3 Story | Architecture Style Colonial,Victorian | Basement YN 1 |
| SqFt Combined 2862 | SqFt Lower 414 | MLS ID 81026028463 | Date added Added 2 weeks ago |
Description
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Description:
Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a primerental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights.
Rooms
- Bedrooms: 8 beds
- Bathrooms: 4.00 baths
- Full Baths: 4
- Half baths: 0 half baths
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Rooms:
Building Details
- Basement Type: Partially Finished,Walk-Out Access
- SqFt Total Bsmt: 1150
- Foundation details: Basement
Nearby Schools
- School District: Ypsilanti
Location
Parking
- Garage features: Detached
- Garage: 1
Amenities & Features
- Cooling features: Window Unit(s)
- Waterfront: No
- Fireplace YN: 1
- Features:
Financial
- Tax Legal Description: *OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.
- State Equalized Value: $186,400
- Annual Property Tax: $12,041.51
- Parcel ID: 111140164035
Listing Information
- DOM: 1
- Listing Courtesy of:: Real Estate One Inc
- Listing Agent: Aleksandr Milshteyn