124 N Summit Street, Ypsilanti, MI 48197
- $495,000
- 4
- BA
- List Price
- $495,000
- Days on Market
- 19
- MLS#
- 26042161
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 4
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.
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Additional Information
- Owner Pays
- None
- Taxes
- $8,821
- Acres
- 0.21
- Basement
- Full
- Heating
- Baseboard, Hot Water
- School District
- Ypsilanti
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Total Parking Spaces
- 14
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: Ayad Ridha from Listing Office: The Charles Reinhart Company.
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