$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
Presented by Dick Mattie
- (734) 730-6301
- (734) 971-6070 (Office Phone)
Contact Dick Mattie
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