Updated 7-unit Property Steps from Eastern Michigan Campus

USD $479,900

217 North Summit Street #217, Ypsilanti, Michigan, 48197, USA

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Property Highlights

7-unit income property near Eastern Michigan Campus
Over $72,000 gross rental income
Separate electric meters for units
Low vacancy rate historically
Updated roof and heating system
Driveway and parking lot recently improved

Overview

Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income, $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Extremely low vacancy rate over the years. Updates in the last 4 years include Roof, Heating system, driveway and parking lot and some unit updates. Awesome Investment opportunity.

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Property Features

217 North Summit Street #217, Ypsilanti, Michigan, 48197, USA offers the following features:

Property Type: SingleFamily

Status: Active

Reference ID: 25051296

Map

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Listed by: Michael A Lee
Real Estate One, Inc.