Courtesy of The Charles Reinhart Company, Ayad Ridha

125 N Summit Street, Ypsilanti, Michigan, 48197

$319,000
0.23 Acres
6 bd
#26014509
Updated three unit income property within a short walk to campus that includes a garage! No seller financing. Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. Total rent for the 2026-27 school year is $38,820. There is ample off street parking. Tenants pay gas, electric, water/sewer. C of O expires 11/01/2026.

PROPERTY FEATURES

  • Utilities : Cable Available, Cable Connected
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Total: 7
  • Garage on Property:
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Vinyl Siding
  • Basement Description : Partial
  • Basement on Property:
PROPERTY DETAILS
ID: 26014509
Status: Active
Price: $319,000
Acres: 0.23 Acres
Price Per Acre: $1,386,957
Type: Multi-family
Address: 125 N Summit Street
City, State: Ypsilanti, Michigan
County: Washtenaw
Zip Code: 48197
Lat/Long: 42.243447, -83.624866
Presented By: Ayad Ridha
Phone:
Email: Click to Contact