217 N Normal Street

Ypsilanti, Michigan, Washtenaw, 48197
$399,900

Overview

Status Category Type 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

  • 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
  • Rooms:

Building Details

  • Basement Type: Partially Finished,Walk-Out Access
  • SqFt Total Bsmt: 1150
  • Foundation details: Basement

Nearby Schools

  • School District: Ypsilanti

Location

  • Lot size, sq ft: 0.24 sq ft
  • Lot Dimensions.: 66.00 x 156.00
  • Street Number: 217
  • Street Name: Normal
  • Country / Region: Washtenaw
  • City / Department: Ypsilanti
  • State: Michigan
  • Zip / Postal Code: 11570

Parking

  • Garage features: Detached
  • Garage: 1

Amenities & Features

Financial

  • 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

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This style property is located in Ypsilanti is currently and has been listed on Your Agent Charlie. This property is listed at $399,900. It has 8 beds bedrooms, 4.00 baths bathrooms, and is 2862 sq ft. The property was built in 1909 year.

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