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About the Listing 102517 - 621590
Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes. The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on each level. The layout is functional and well-suited for room-by-room leasing, providing consistent occupancy opportunities. Common areas are designed for practical daily use, and the structure offers solid fundamentals for continued rental operation. Situated in an established neighborhood with close proximity to public transportation, campus amenities, dining, and shopping, this property appeals to students, workforce tenants, and long-term room renters alike. Whether you are looking to expand your rental portfolio or acquire a turnkey income-producing property in the Ypsilanti market, 427 Ballard presents a compelling opportunity. Serious investors with proof of funds/ commercial pre-approval - inquire for financials and current occupancy details.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
60975773
Year Built
1894
Total Square Footage
3,282
Lot/Acreage
0.26
County
Washtenaw
Neighborhood
Normal School Add
Area
Ypsilanti (81033)
School District
Ypsilanti Public School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3282
- Below Ground Sq Ft: n/a
- Basement: Poured,Finished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 76x151
- Zoning: Multi-Family
- Roof:
- Others: Porch
- Sewer:
Financial Details
- Tax Amount: $8,687
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
427 Ballard Ypsilanti, MI 48197
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