MI
Washtenaw
Ypsilanti City
48197
917 W Cross Street
917 W Cross Street, Ypsilanti City, MI 48197
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Listing Type
Multi Family
Listing Status
taking backup offers
29
$499,900

Home Details for 917 W Cross Street

Price
$499,900
Type
Residential Income
Bedrooms
10
Bathrooms
Square feet
NaN
Year built
1870
Lot size acres
0.32
County
Washtenaw
Garage
Basement
Crawl Space
Days on site
206
MLS Listing#
81025038754
Property Description

Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.

Property Features
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Sewer Available
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Wall Unit(s)
  • Water Features
    • Public
  • Parking
    • Concrete
  • Basement
    • Crawl Space
Listing Courtesy: The Charles Reinhart Company - 734-971-6070
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Median Listing Price
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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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