$420,000 $2,255 est/mo Sourced by Back At You

109 N Summit Street,Ypsilanti, MI 48197

Ypsilanti MI, 48197

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Description

Attention Investors! Discover this exquisite three-unit multi-family residence nestled in the heart of Downtown Ypsilanti. Perfectly situated within walking distance to Eastern Michigan University, parks, downtown, Frog Island, Depot town, and more, this prime property beckons to those seeking convenience and charm. Currently boasting tenants in 2 out of 3 units, this income-generating gem awaits its next landlord or resident. Each unit offers a private entry, ensuring privacy and security. The property has undergone numerous upgrades, including newer siding, a fresh roof, and updated HVAC systems, furnaces, AC, and mini-splits. Step inside to discover a host of interior enhancements, from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers. from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers. Two-thirds of the units boast renovated kitchens equipped with updated cabinetry, granite countertops, and top-of-the-line appliances. For added convenience, private laundry facilities are available in the lower and main level units, catering to tenants seeking premium amenities. Additional highlights include vinyl windows, newer water tanks, upgraded plumbing, and modernized electrical systems. Outside, tenants will appreciate the convenience of a large private parking area and a spacious, oversized backyard.Don't miss out on this exceptional investment opportunity! Schedule your viewing today.

Details

MLS#24016147
Listing TypeFor Sale
Sub-TypeResale
StatusActive Backup
Year1909
Days On Site56
Listing Provided ByJ Dillon Realty | Joshua A Dillon

Features

BasementY
Units3
Building(s)1
Acreage0.23

Market Activity 48197

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center.

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Listings Checked: 25 seconds ago
StateMI
CountyWashtenaw
CityYpsilanti
Zip Code48197
AreaAnn Arbor | Washtenaw A
SubareaA
School DistrictYpsilanti
Listing VS Median (in 48197)
Price:
$420,000
low | high
Med:
$307,500
76.785714285714% of Average
On Site:
56
low | high
Med:
13
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 7:29:10 PM PDT