615 Pearl Street, Ypsilanti, MI 48197

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List Price
$549,000
Days on Market
18
MLS#
26042175
Status
ACTIVE
Type
Multifamily
Bathrooms
7

Property Description

Popular 7 unit campus property with great parking. Unit 1- 1 bedroom 1 bath $855/month includes $60 for water and gas. Leased until 8/17/27. Unit 2- 1 bedroom 1 bath $765/month includes $50 for water and gas. Leased until 8/1/27. Unit 3 - 1 bedroom 1 bath $845/month includes $50 for water and gas. Leased until 8/14/27. Unit 4- 1 bedroom 1 bath $790/month includes $50 for water and gas and $25 pet fee. Leased until 8/2/27. Unit 5 - 2 bedroom 1 bath $1,125/month includes $50 for water and gas and $30 pet fee. Leased until 8/11/27. Unit 6 - 2 bedroom 1 bath $995/month includes $50 for water and gas. Leased until 8/21/27. Unit 7 - 2 bedroom 1 bath $1,055/month includes $50 for water and gas. Leased Until 8/1/27. Rent $6340/month. Gross rent is $77,160 for the 2026-27 school year. Boiler replaced in 2024. Roof and windows were replaced in 2022. C of O expires 11/01/2028.

Additional Information

Owner Pays
None
Taxes
$14,630
Acres
0.30
Basement
Full
Heating
Hot Water
School District
Ypsilanti
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Total Parking Spaces
12
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ayad Ridha from Listing Office: The Charles Reinhart Company.

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