Ypsilanti MI Multi Family for Sale
$575,000
33 S GROVE Ypsilanti, MI 48198
- Type:
- Multi-Family
- Sq.Ft.:
- 5,208
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1972
- Baths:
- 6.00
- MLS#:
- 60372169
- Subdivision:
- HUNTERS ADD
ADDITIONAL INFORMATION
** HIGHEST AND BEST DUE BY TUESDAY MARCH 4th AT 5PM. ** Extremely rare opportunity with 6-unit property, with 4 double bedroom and 2 single bedroom units, ready to be rented, just a mile from Eastern Michigan University campus. The whole property is recently updated with new roof, new boiler system. All the units are updated with whole new kitchen, bathrooms, flooring, fresh paint, new wall AC units. Spacious parking area available up to 10 parking spots, Storage area for each unit in the basement along with a hook up for washer and dryer. Close to downtown Ypsilanti, easy access to freeway, shopping, restaurants, and a short commute to Ann Arbor. Call or email Sridevi for more information
$865,000
1236 Holmes Ypsilanti, MI 48198
- Type:
- Multi-Family
- Sq.Ft.:
- 5,328
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.58 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 70452292
ADDITIONAL INFORMATION
Fantastic opportunity to expand your investment portfolio with this fully rented 7-unit apartment building with great proximity to Depot Town and EMU! This well-maintained building is set back from the road with plenty of parking for tenants and guests. Each unit has 2 bedrooms and 1 full bathroom furnished with refrigerator, range/oven, and wall air conditioner. Landlord pays for dumpster and water (single meter - most tenants charged an additional water fee) while the rest of the utilities are paid by the tenants. Shared coin-operated laundry machines are leased and provide additional income. Gross rents are currently $86,736/year with room to increase - see attachments for rent roll, proforma P&L, and additional information. Since all units are occupied, showings/inspections will only
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Ypsilanti Real Estate
The median home value in Ypsilanti, MI is $220,000. This is lower than the county median home value of $340,000. The national median home value is $338,100. The average price of homes sold in Ypsilanti, MI is $220,000. Approximately 31.67% of Ypsilanti homes are owned, compared to 61.21% rented, while 7.12% are vacant. Ypsilanti real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ypsilanti real estate agent to arrange a tour today!
Ypsilanti, Michigan 48198 has a population of 20,448. Ypsilanti 48198 is less family-centric than the surrounding county with 27.17% of the households containing married families with children. The county average for households married with children is 31.79%.
The median household income in Ypsilanti, Michigan 48198 is $40,256. The median household income for the surrounding county is $79,198 compared to the national median of $69,021. The median age of people living in Ypsilanti 48198 is 25.7 years.
Ypsilanti Weather
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 15.7 degrees. The average rainfall is approximately 33.7 inches per year, with 45.4 inches of snow per year.