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505 Emmet Street

Ypsilanti, MI 48197
  • $350,000
  • STATUS: Active Under Contract
  • ON SITE: 31 Days
  • MLS #: 25001778
Under Contract
UPDATED: 42 min ago
$350,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1870
County:

School Ratings & Info

School District:

Description

This is a great income property with 3 efficiencies and 1 two bedroom. Nicely updated kitchens and bathrooms in each unit. Two bedroom unit has a covered porch. Nice yard for the tenants to enjoy. Convenient location near Eastern Michigan University's main campusjust minutes from Downtown Ypsilanti, Depot Town, and Riverside Park. Landlord pays gas and water. Monthly Rent info: Unit #1 thru 4/25/25: $1,100; Unit #2 thru 6/25/26: 932; Unit #3 thru 3/25/25: $858; Unit #4 thru 7/25/25: $800; Garage: $100

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© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-02-16T09:33:50.247.
www.alecpetersonhomes.com/homes/159461340
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505 Emmet Street Ypsilanti, MI 48197

  • Price: $350,000
  • Status: Active Under Contract
  • On Site: 31 Days
  • Updated: 42 min ago
  • MLS #: 25001778
5
Beds
4
Baths
0
½ Baths
0.1
Acres
1870
Built
Neighborhood:
Ypsilanti City
County:
Washtenaw
School District:
Ypsilanti
Property Description
This is a great income property with 3 efficiencies and 1 two bedroom. Nicely updated kitchens and bathrooms in each unit. Two bedroom unit has a covered porch. Nice yard for the tenants to enjoy. Convenient location near Eastern Michigan University's main campusjust minutes from Downtown Ypsilanti, Depot Town, and Riverside Park. Landlord pays gas and water. Monthly Rent info: Unit #1 thru 4/25/25: $1,100; Unit #2 thru 6/25/26: 932; Unit #3 thru 3/25/25: $858; Unit #4 thru 7/25/25: $800; Garage: $100
Exterior Features

Attached Garage YN No Construction Materials Other Frontage Type [] Lot Features LevelSidewalk Parking Total 3 Road Surface Type Paved Roof Rubber Waterfront Features [] Waterfront YN No

Interior Features

Basement Michigan BasementPartialWalk-Out Access Basement YN Yes Cooling [] Heating Forced Air Heating YN Yes

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Auction Or For Sale For Sale Cross Street Emmet and Perrin Gross Income 45480 Insurance Expense 3018 Listing Terms CashConventional Net Operating Income 31782 New Construction YN No Operating Expense 12231 Owner Pays WaterGas Property Sub Type 2 to 4 Units Sewer Public Sewer Tax Annual Amount 7156 Tax Year 2024 Tenant Pays Electric Utilities Phone AvailableNatural Gas AvailableElectricity AvailableCable AvailableNatural Gas ConnectedElectricity ConnectedCable ConnectedWater AvailableSewer AvailableStorm SewerBroadband Zoning CN

Listing provided courtesy of Richard Jarzembowski of The Charles Reinhart Company: 734-971-6070. © 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2025 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2025-02-16T09:33:50.247.
 
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