About 217 N Normal Street
Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,700 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a primerental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights.
Features of 217 N Normal Street
| MLS® # | 81026028463 |
|---|---|
| Price | $384,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 4,061 |
| Acres | 0.24 |
| Year Built | 1909 |
| Type | Residential |
| Sub-Type | Colonial, Victorian |
| Style | Colonial, Victorian |
| Status | Active |
Community Information
| Address | 217 N Normal Street |
|---|---|
| Area | 04152 - Ypsilanti |
| City | Ypsilanti city |
| County | Washtenaw |
| State | Michigan |
| Zip Code | 48197 |
Amenities
| Utilities | Cable Connected, Natural Gas Connected |
|---|---|
| Parking | Detached, Garage Faces Front, Unpaved |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Oven, Refrigerator, Range, Washer |
|---|---|
| Heating | Hot Water, Natural Gas, Steam |
| Cooling | Window Unit(s) |
| Fireplace | Yes |
| Fireplaces | Bedroom, Living Room |
Exterior
| Construction | Stucco |
|---|---|
| Foundation | Basement |
School Information
| District | Ypsilanti |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Real Estate One Inc |
|---|---|
| Contact Info | alex@alexmi.com |