$339,000
Ypsilanti, MI 48197
MLS# 26014509
1 / 11
Property Description
Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.
Details
Maps
Location & Property Info
Cross Streets: Washtenaw Ave and Summit St
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 66x152
Road Frontage: 66
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Parking Spaces: 7
School District: Ypsilanti
Lot Measurement: Acres
Lot Square Footage: 10019
Lot Acres: 0.23
Year Built: 1864
Tax Info
Taxable Value: 115098
SEV: 184900
For Tax Year: 2026
Seller's Annual Property Tax: 9201.97
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: no
Tax ID #: 11-11-40-163-022
Remarks & Misc
Public Remarks: Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.
Legal: *OLD SID - 11 11-175-061-00 YP CITY 21W-86 LOT 61 CROSS & BAGLEY'S ADDITION.
Street Type
Public: 1
Util Avail at Street
Cable Available: 1
Utilities Attached
Cable Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Vinyl Siding: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Substructure
Partial: 1
Extras
Garages: 1
Owner Pays
None: 1
Unit 1
Unit #: 1
Unit Description: 3 bedroom 1 bath
Monthly Rent: 1345
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 2
Unit Description: 1 bedroom 1 bath
Monthly Rent: 895
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 3
Unit Description: 2 bedroom 1 bath
Monthly Rent: 945
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Dishwasher: 1
Refrigerator: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 125
Street Direction: N
Street Name: Summit
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 3087
OfficeContract Info
Status: Active
Current Price: $339,000
List Price: $339,000
Listing Date: 2026-04-09
Property Features
Exterior Material: Vinyl Siding
Substructure: Partial
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected
Util Avail at Street: Cable Available
Extras: Garages
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Street Type: Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Unit 1: Dishwasher; Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Dishwasher; Refrigerator
Listing Office: The Charles Reinhart Company
Listing Agent: Ayad Ridha
Last Updated: April - 09 - 2026
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