718 Lowell Street, Ypsilanti, MI 48197

$395,000
2
BA

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List Price
$395,000
Days on Market
30
MLS#
26042207
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

9 bedroom, 2 bath rooming house across from campus! No seller financing. Room 1 - $570/month includes $45 for water, gas electricity. Leased to 12/21/26. Room 2 - $590/month includes $40 for water, gas electricity. Leased until 1/26/27. Room 3 - $590/month includes $45 for water, gas, electricity. Leased until 8/31/27. Room 4 - $515/month includes $40 for water, gas, electricity. Leased until 9/14/26. Room 5 - $515/month includes $40 for water, gas, electricity. Leased until 9/14/26. Room 6 - $515/month includes $44 for water, gas, electricity. Leased until 12/31/26. Room 7 - $395/month includes $45 for water, gas, electricity. Leased until 9/17/26. Room 8 - $590/month includes $40 for water, gas, electricity. Leased until 12/31/26. Room 9 - $520/month includes $45 for water, gas, electricity. Leased until 1/1/27. Coin laundry. Rent total - $4,730/month and $56,760/year. Siding replaced in 2022, roof replaced in 2020, bathrooms and carpeting updated in 2024. C of O expires 10/01/2026. Siding replaced 2022, Roof Replaced 2020, Bathrooms and carpet updated 2024

Additional Information

Owner Pays
None
Taxes
$6,658
Acres
0.10
Basement
Full
Heating
Hot Water
School District
Ypsilanti
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water

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Term of Loan
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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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