25
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$495,000
Est. payment /mo
2,460 SqFt
Active
124 N Summit ST Ypsilanti City, MI 48197
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 2,460 sqft
Price per Sqft $201
MLS Listing ID 81026042161
Year Built 1890
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type MultiFamily
Property Description
Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.
Location
State MI
County Washtenaw
Area Area04152Ypsilanti
Rooms
Basement Full
Interior
Heating Baseboard, Hot Water, Natural Gas
Fireplace No
Laundry CommonArea
Exterior
Parking Features Asphalt, Concrete
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Ypsilanti
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Ayad Ridha of The Charles Reinhart Company
NEARBY SCHOOL & BUSINESS
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