125 N Summit Street, Ypsilanti, MI 48197

$319,000
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List Price
$319,000
Price Change
▼ $20,000 1781651345
Days on Market
155
MLS#
26014509
Status
ACTIVE
Type
Multifamily
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(616) 439-1190

Property Description

Updated three unit income property within a short walk to campus that includes a garage! No seller financing. Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. Total rent for the 2026-27 school year is $38,820. There is ample off street parking. Tenants pay gas, electric, water/sewer. C of O expires 11/01/2026.

(616) 439-1190
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Additional Information

Owner Pays
None
Taxes
$9,201
Acres
0.23
Basement
Partial
Heating
Forced Air
School District
Ypsilanti
Tenant Pays
Electricity, Gas, Sewer, Water
Total Parking Spaces
7
Utilities
Cable Connected, Cable Available
Water
Public Water
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ayad Ridha from Listing Office: The Charles Reinhart Company.

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