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Erin Raetz

erin@raetzteam.com +1(586) 996-8410

$349,900

Est. payment - /mo

4 Baths

3,325 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,325 sqft

Price per Sqft $105

Subdivision Cross & Bagleys Add

MLS Listing ID 20261078875

Style Craftsman,Tudor

Full Baths 4

Year Built 1909

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type MultiFamily

Property Description

Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and generous storage space. The property offers convenient access to EMU, downtown Ypsilanti, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or explore an owner-occupied investment opportunity, this distinctive property offers plenty of possibilities!

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Rooms

Basement Partially Finished, Walk Out Access

Interior

Heating Natural Gas, Radiant

Fireplace No

Laundry CommonArea

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ypsilanti

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

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Listed by Colleen Kennedy of Prospect Realty Group

Nearby Locations

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Erin Raetz

+1(586) 996-8410

217 N Normal ST Ypsilanti, MI 48197

Erin Raetz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION