$425,013
$420,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
109 N Summit Street Ypsilanti, MI 48197
3 Beds
10,018 Sqft Lot
Key Details
Sold Price $425,013
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024016147
Sold Date 06/07/24
Bedrooms 3
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1909
Annual Tax Amount $7,155
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 66x149
Property Description
Attention Investors!Discover this exquisite three-unit multi-family residence nestled in the heart of Downtown Ypsilanti. Perfectly situated within walking distance to Eastern Michigan University, parks, downtown, Frog Island, Depot town, and more, this prime property beckons to those seeking convenience and charm. Currently boasting tenants in 2 out of 3 units, this income-generating gem awaits its next landlord or resident. Each unit offers a private entry, ensuring privacy and security. The property has undergone numerous upgrades, including newer siding, a fresh roof, and updated HVAC systems, furnaces, AC, and mini-splits.Step inside to discover a host of interior enhancements, from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers.from new LVT flooring to modernized bathrooms featuring updated vanities, toilets, and showers. Two-thirds of the units boast renovated kitchens equipped with updated cabinetry, granite countertops, and top-of-the-line appliances. For added convenience, private laundry facilities are available in the lower and main level units, catering to tenants seeking premium amenities. Additional highlights include vinyl windows, newer water tanks, upgraded plumbing, and modernized electrical systems. Outside, tenants will appreciate the convenience of a large private parking area and a spacious, oversized backyard.
Don't miss out on this exceptional investment opportunity! Schedule your viewing today.
Location
State MI
County Washtenaw
Area Ypsilanti
Direction Between Cross and Congress on N. Summit.
Interior
Interior Features Laundry Facility, Cable Available
Heating Forced Air, Heat Pump
Cooling Wall Unit(s)
Fireplace no
Heat Source Heat Pump, Natural Gas
Laundry 1
Exterior
Garage Spaces 8.0
Roof Type Composition
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Stone,Vinyl
Schools
School District Ypsilanti
Others
Pets Allowed Yes
Tax ID 111140162021
Ownership Private Owned
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
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