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$ 349,900
Est. payment /mo
New
217 N Normal Street Ypsilanti, MI 48197 3199
4 Baths
3,325 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,325 sqft
Price per Sqft $105
Subdivision Mi
MLS Listing ID 61034540
Full Baths 4
Year Built 1909
Annual Tax Amount $12,042
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 66 x 155
Property Sub-Type Multi-Family
Property Description
Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and generous storage space. The property offers convenient access to EMU, downtown Ypsilanti, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or explore an owner-occupied investment opportunity, this distinctive property offers plenty of possibilities!
Location
State MI
County Washtenaw
Area Ypsilanti (81033)
Rooms
Basement Partially Finished, Walk Out
Interior
Heating Radiant
Fireplace No
Exterior
Exterior Feature Wood
Amenities Available Laundry Facility
Building
Foundation Basement
Water Public Water
Structure Type Wood
Schools
School District Ypsilanti Public School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Prospect Realty Group