206 S Huron Street, Ypsilanti, Michigan, 48197
0.26 Acres
8 bd
9 ba
#26053240
Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and area amenities. Financial information and leases available for review. Buyer/Buyer's Agent to independently verify unit configurations, property information, income, expenses and future property taxes.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Driveway, Gravel
- Parking Total: 5
- Heating on Property:
- Heating : Natural Gas, Forced Air, Hot Water, Radiant
- Construction Materials: Stone, Wood Siding
- Basement on Property:
- Laundry Features : In Basement
PROPERTY DETAILS
ID: 26053240
Status: Active
Price: $475,000
Acres: 0.26 Acres
Price Per Acre: $1,826,923
Type: Multi-family
Address: 206 S Huron Street
City, State: Ypsilanti, Michigan
County: Washtenaw
Zip Code: 48197
Lat/Long: 42.238235, -83.613388
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