124 N Summit St, Ypsilanti, MI 48197
- $495,000
- List Price
- $495,000
- MLS#
- 81026042161
- Status
- ACTIVE
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.
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
Mortgage Calculator
Courtesy of The Charles Reinhart Company 7349716070