Courtesy of The Charles Reinhart Company, Ayad Ridha

17 N Summit Street, Ypsilanti, Michigan, 48197

$329,000
0.14 Acres
2 bd
4 ba
#26042171
Great 4 unit income property with laundry and garage. No seller financing. Unit 1 - studio, $765/month includes $70 for gas and water. Leased until 8/8/27. Unit 2 - 1 bdr 1 bath $1,130/month includes $110 for gas and water and $25 pet fee. Leased until 8/1/27. Unit 3 - 1 bdr bath, $865/month includes $70 for gas and water. Leased until 7/27/27. Unit 4 - Studio, $765/month includes $70 for gas and water. Leased until 8/1/27. Total rent is $3,525/month. Gross rent is $42,300 for the 2026-27 school year. Units updated 2023. New coin laundry in 2023. C of O expires 11/01/2026.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Total: 4
  • Zoning Description : CN-MID
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Basement Description : Partial
  • Basement on Property:
  • Laundry Features : Laundry Room
PROPERTY DETAILS
ID: 26042171
Status: Active
Price: $329,000
Acres: 0.14 Acres
Price Per Acre: $2,350,000
Type: Multi-family
Address: 17 N Summit Street
City, State: Ypsilanti, Michigan
County: Washtenaw
Zip Code: 48197
Lat/Long: 42.241938, -83.62484
Presented By: Ayad Ridha
Phone:
Email: Click to Contact