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Ypsilanti, MI, 48197 • Normal Park • Washtenaw County
10Beds
6Baths
0.32 acLot
1870Built
Character Home
Built 1870 · 156 years of history
Normal Park
Normal Park
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158 days on market
Established listing
Multi Family · Built 1870 · Historic
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.
Based on current rates
Est. 6.28% rate · 30yr fixed · $392,000 loan
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3 schools rated nearby
Ypsilanti, MI, 48197
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Ypsilanti, MI • Washtenaw County
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