212 W Michigan Avenue

    Ypsilant, MI 48197
    • $310,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 543264641
    UPDATED: 73 min ago
    $310,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    • $78
      $/SQFT
    Type:
    Multi-Family
    Built:
    1890
    County:
    Lot Size Dimensions: 19X114

    School Ratings & Info

    School District:

    Description

    See Attached op Statement - 4 Unit Brick Building in Historic Downtown Ypsilanti. Walking distance to the EMU COB, AATA Bus Terminal and free EMU Shuttles to central campus. Walk to downtown restaurants and shops as well and provides easy access to I-94 for commuters along with shuttles to main EMU Campus and yards from the AAATA Bus terminal, public library and dozens or shops and restaurants. Note: Property most likely under rented with long term tenants. Apartments are well maintained and some include spiral staircase, sand blasted brick Studio Walls, Stained Glass, Hickory, Oak and Maple Floors and much more. Residential Units are entered from the rear of building via their own decks and have leases through Fall 2020. One retail space is included with long term Tenant Fast Eddies Music on MTM for 15 years. Ask Owner about how to add 35% more building space using unbuilt land to expand footprint and current un built second and third floors in rear of building. Building S

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    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The John Wentworth Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-05-20T18:00:44.023.
    www.johnwentworthgroup.com/homes/93895391

    212 W Michigan Avenue Ypsilant, MI 48197

    • Price: $310,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 543264641
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    4,000
    SQFT
    $78
    $/SQFT
    1890
    Built
    Neighborhood:
    (Aa) Ypsilanti (Campus Area & Do
    County:
    Washtenaw
    Area:
    (Aa) Ypsilanti (Campus Area & Do
    School District:
    YPSILANTI
    Property Description
    See Attached op Statement - 4 Unit Brick Building in Historic Downtown Ypsilanti. Walking distance to the EMU COB, AATA Bus Terminal and free EMU Shuttles to central campus. Walk to downtown restaurants and shops as well and provides easy access to I-94 for commuters along with shuttles to main EMU Campus and yards from the AAATA Bus terminal, public library and dozens or shops and restaurants. Note: Property most likely under rented with long term tenants. Apartments are well maintained and some include spiral staircase, sand blasted brick Studio Walls, Stained Glass, Hickory, Oak and Maple Floors and much more. Residential Units are entered from the rear of building via their own decks and have leases through Fall 2020. One retail space is included with long term Tenant Fast Eddies Music on MTM for 15 years. Ask Owner about how to add 35% more building space using unbuilt land to expand footprint and current un built second and third floors in rear of building. Building S
    Exterior Features

    Foundation Details Basement Lot Size Dimensions 19X114 Parking Total 3 Porch Type Deck Waterfront YN No

    Interior Features

    Basement YN Yes Baths Total 0.00 Room Count 0 Sq Ft Combined 4000 Sq Ft Lower Floor 0 Sq Ft Source Estimated Sq Ft Total Basement 0 Unit Efficiency Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 1 Unit Two Bed Number Of 0

    Property Features

    Income Projection Actual Listing Financing CashConventional Monthly Rental Income 2980 Operating Expense 12300.00 Ownership Status Private Owned Postal City Ypsilanti Settlement City Tax Amount Summer 6083.0000 Tax Amount Winter 0.0000 Title Private - Owned Total Tax 6083.0000 Transaction Type Sale Unparsed Address 212 W Michigan Ave

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One and Ann Arbor Area BOR MLS, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The John Wentworth Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-05-20T18:00:44.023.
     
    The John Wentworth Group
    2325 W Shiawassee Ave, Suite 204
    Fenton MI, 48430