217 N Normal St - Multi-Family FOR SALE


Ypsilanti, MI 48197- Midtown Ypsilanti
$415,000 USD
734-223-1015
217 N Normal St, Ypsilanti, MI for Sale
$415,000 USD
Multi-Family - FOR SALE
1/41
null | 10.11% Cap Rate

217 N Normal St
Ypsilanti, MI 48197
Midtown Ypsilanti


HIGHLIGHTS

  • -3 units with 3 separate entrances!
  • -$4,400/ month in rents!
  • -Close to EMU campus!
  • -7 Bedrooms/ 4 Bathrooms/ 4 Kitchens

OVERVIEW

Amazing Opportunity to own a 3-unit rental close to EMU campus. Used as a student rental for the last few years. Rents total-$4,400/ month. Units have separate entrances and their own kitchens (4 Kitchens total, one on each level). Tenants pay utilities. Separate Electric Meters, only one gas and water meter.

FOR SALE DETAILS

PRICE

$415,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

3

PRICE/UNIT

$138,333

CAP RATE

10.11%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1909

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

CN

APN/PARCEL ID

11-40-164-035

ASK ABOUT THIS PROPERTY

Larry GotcherResource Realty GroupMore Info
734-223-1015

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Larry GotcherResource Realty GroupMore Info
734-223-1015

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.