About 217 N Summit Street
Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income when fully rented with $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Extremely low vacancy rate. Updates in the last 4 years include Roof, Heating system, driveway and parking lot and some unit updates. Awesome Investment opportunity.
Features of 217 N Summit Street
| MLS® # | 81025051296 |
|---|---|
| Price | $499,900 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1910 |
| Type | Multifamily |
| Status | Active |
Community Information
| Address | 217 N Summit Street |
|---|---|
| Area | 04152 - Ypsilanti |
| City | Ypsilanti city |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48197 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected |
|---|---|
| Parking | Aggregate, Asphalt |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Steam |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Level |
|---|---|
| Construction | Block, Stone, Vinyl Siding |
School Information
| District | Ypsilanti |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate One Inc |
|---|---|
| Contact Info | MichaelALee33@GMail.com |