$930,000
$995,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
224 W Michigan Avenue Ypsilanti, MI 48197
10 Beds
3,049 Sqft Lot
Key Details
Sold Price $930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lot 79 Original Plat
MLS Listing ID 54024026853
Bedrooms 10
Year Built 1899
Annual Tax Amount $9,686
Lot Size 3,049 Sqft
Property Description
13-unit mixed use retail/office commercial and residential income property: 3 retail and 10 residential units. Solidly constructed all-brick with over 9400 sq-ft on three levels. 7 studio units, 2-2 bed and 1-3 bed units. Separate utilities, laundry room, ample private and public parking. Numerous upgrades and updates including brick facade, roof, A/C, bamboo flooring, carpet, granite, windows, appliances, more. Commercial tenants pay all utilities. Second floor: tenant pays gas and electric. Third floor: tenant pays elect. Central air on floors 1 and 3; window units on floor 2. Very close to EMU College of Business, Huron River and Riverside Park. 100% leased, and tenants require lead time for viewing requests.
Location
State MI
County Washtenaw
Area Ypsilanti
Zoning Other
Interior
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Other
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Ypsilanti
Others
Acceptable Financing Cash, Trade/Exchange
Listing Terms Cash, Trade/Exchange
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