MI
Washtenaw
Ypsilanti City
48197
408 N Hamilton Street
408 N Hamilton Street, Ypsilanti City, MI 48197
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Listing Type
Multi Family
Listing Status
active
28
$359,900

Home Details for 408 N Hamilton Street

Price
$359,900
Type
Residential Income
Bedrooms
6
Bathrooms
3.0
Square feet
2800
Year built
1929
Lot size acres
0.14
County
Washtenaw
Garage
Basement
Walk-Out Access, Daylight, Finished, Full
Days on site
69
MLS Listing#
20251041154
Property Description

Fantastic investment opportunity! This fully occupied triplex generates $39,000 in annual gross rental income with three long-term tenants in place. Tenants pay all utilities except water. The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit. Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units. Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.

Property Features
  • Heating Information
    • Baseboard
    • Forced Air
    • Natural Gas
    • Wall Furnace
  • Basement
    • Walk-Out Access
    • Daylight
    • Finished
    • Full
  • Cooling Information
    • None
    • Ceiling Fan(s)
  • Parking
    • Garage
    • Shared Driveway
  • Water Features
    • Public
  • House Interior
    • High Speed Internet
Listing Courtesy: RE/MAX Complete - 248-721-9980
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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