$920,000 For Sale

221 N Normal Street
Ypsilanti, MI 48197

6 units | Multi Family Home
16117 sq ft lot - MLS# 25045228
Property Photo
1/12

Description

Fabulous income property within steps of Eastern Michigan University campus! This modern 6 unit apartment building comes with off street parking and the location on the corner of Washtenaw Ave and N Normal St can't be beat. The building consists of 4 three bedroom apartments and 2 two bedroom apartments with in-unit laundry. There are three furnaces, tenants pay electricity, owner pays gas and water. Brand new siding, and some units are freshly painted. Most leases are month to month and under rented. Potential monthly rent is $10,000. Showings by appointment only.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Washtenaw County
  • Zip Code: 48197
  • Year Built: 1988
  • School District: Ypsilanti
  • Units: 6 units
  • Basement: Slab
  • # of Parking Spaces: 6
  • Lot Size: 16117 sq ft lot
  • Basement Type: No
  • Construction Materials: Aluminum Siding
  • Cross Street: Washtenaw Ave and N Normal St
  • Driveway: Asphalt
  • Extras: Sep Electric Meter
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Lot Description: Corner Lot, Sidewalk
  • Lot Features: Corner Lot, Sidewalk
  • Lot Size Area: 0.37
  • Lot Size Square Feet: 16117
  • Lot Size Units: Acres
  • MLS Area Major: Ann Arbor/Washtenaw - A
  • MLS Area Minor: Ann Arbor/Washtenaw - A
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 4
  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Ownership: Private Owned
  • Parcel Number: 11-11-40-164-037
  • Parking Features: Asphalt
  • Possession: Subject To Tenant Rights
  • Road Frontage: 18147
  • Road Surface Type: Paved
  • Roof: Composition
  • SEV: 239900
  • Sewer: Public Sewer
  • Spec Assessment Ty: no
  • Street Type: Paved, Public
  • Tax Annual Amount: 13796.03
  • Tax Legal Description: *OLD SID - 11 11-175-024-10 YP CITY 21W-34 LOT 24 EXCEPT S 50 FT CROSS & BAGLEY'S ADDITION.
  • Tax Year: 2025
  • Tenant Pays: Electricity
  • Terms Available: Cash, Other
  • Total Approx Sq Ft All Bldgs: 6048
  • Township: Ypsilanti City
  • Util Availat Street: High Speed Internet, Cable Available
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Available
  • Water Source: Public Water
Courtesy of Ayad Ridha, The Charles Reinhart Company
Source: Michigan Regional Information Center (MichRIC)
Real Estate Websites by | Admin Menu