About 917 W Cross Street
Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.
Features of 917 W Cross Street
| MLS® # | 81025038754 |
|---|---|
| Price | $499,900 |
| Bathrooms | 0.00 |
| Acres | 0.32 |
| Year Built | 1870 |
| Type | Multifamily |
| Status | Active Under Contract |
Community Information
| Address | 917 W Cross Street |
|---|---|
| Area | 04152 - Ypsilanti |
| Subdivision | NORMAL PARK |
| City | Ypsilanti city |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48197 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
Exterior
| Construction | Aluminum Siding |
|---|---|
| Foundation | Crawl Space, Michigan Basement |
School Information
| District | Ypsilanti |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | The Charles Reinhart Company |
|---|---|
| Contact Info | DickMattie@AOL.com |