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About the Listing 100878 - 627827
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.
Listing Highlights
Status
Active
Days on Site
78
Property Type
Multi-Family
MLS ®
60941363
Year Built
1929
Total Square Footage
2,250
Lot/Acreage
0.14
County
Washtenaw
Neighborhood
Norris & Cross Add
Area
Ypsilanti (81033)
School District
Ypsilanti Public School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ceiling Fan(s)
- Heating: Baseboard,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2250
- Below Ground Sq Ft: n/a
- Basement: Block,Egress/Daylight Windows,Finished
- Other: DSL Available
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 36x165
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $11,352
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
408 N Hamilton Ypsilanti, MI 48197
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