Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
Ypsilanti, MI 48197-2754,715 Washtenaw Avenue
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$2,700,000

$2,650,000

1.9%
Est.Price: ?

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Est. payment /mo

0.84 Acres Lot


SOLD DATE : 11/01/2024

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70418830

Sold Date 11/01/24

Year Built 1962

Annual Tax Amount $39,563

Tax Year 2023

Lot Size 0.840 Acres

Acres 0.84

Lot Dimensions Irregular

Property Description

Rare opportunity for this 3 property offering within a 3 minute walk to Eastern Michigan University campus! 27 unit well maintained apartment buildings (2) plus two adjacent rental properties on a total of 0.84 acres. 2 apartment buildings contain eighteen 1 bedroom, three 2 bedroom, and 6 efficiency units. Included in this sale are 208 N Normal St and 214 N Normal St. 208 N Normal St is a 5 bedroom 2 bath rental property. 214 N Normal St is a 4 bedroom 1 bath rental property. 715 Washtenaw has $258,703 in rental income. 208 N Normal has $23,530 in rental income. 214 N Normal has $19,200 in rental income. The buildings have 60 mil GAF Everguard TPO roofs that were installed in 2016.

Location

State MI

County Washtenaw

Area Ypsilanti (81033)

Rooms

Basement Egress/Daylight Windows, Other

Interior

Heating Baseboard

Exterior

Exterior Feature Brick, Wood

Waterfront No

Building

Foundation Basement

Water Public Water

Structure Type Brick,Wood

Schools

School District Ypsilanti Public School District

Others

Energy Description Electric

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by The Charles Reinhart Company
Bought with LPS
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105 E Maumee St, Adrian, MI, 49221, USA

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