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124 N Summit St, Ypsilanti, MI 48197

$495,000
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List Price
$495,000
MLS#
81026042161
Status
ACTIVE
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(248) 345-5109

Property Description

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.

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Additional Information

Year Built
1890
Basement Type
Full
Acres
0.21
Acres
0.21
School District
Ypsilanti
Heating
Baseboard, Hot Water, Natural Gas
Garage Description
Asphalt, Paved
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Courtesy of The Charles Reinhart Company 7349716070

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