$499,900

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917 Cross Street #917 Ypsilanti, MI, United States 48197

Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: SingleFamily
  • Year Built: 1870
  • Built in 1870
  • Home size: 0 ft2 / 0 m2
  • MLS: 25038754
  • Status: Active

Property brokered by

Reinhart Realtors

(734) 747-7888

Get more listing details on brokerage site

Presented by Dick Mattie

  • (734) 730-6301
  • (734) 971-6070 (Office Phone)

Contact Dick Mattie

Contact Agent

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