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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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124 N Summit St , Ypsilanti, MI 48197
$495,000
Est. Payment: $1,100.00/mo
0 Bed
4 Bath
0 Sqft
Status: Active | Days on site: 8
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oa0660 - aridhaaya103
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.
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Highlights

Listed by Ayad Ridha , 734-645-3110 The Charles Reinhart Company , 734-971-6070.

Property Type

Multi-Family
Lot/Acreage
0.21

Year Built

1890

County

Washtenaw

 School District

Ypsilanti

Listing ID

26042161

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Basement:Full

Exterior Features

Garage Capacity:14
Sewer:Public Sewer
Parking Features:Asphalt,Driveway,Concrete
Principal Interest
$1,100
Taxes
$735

Home Price

$495,000

Loan Details

30 yrs
%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $735.11 $0.00 $1,835.11
Yearly $13,200.00 $8,821.29 $0.00 $22,021.29
Total $396,000.00 $264,638.70 $0.00 $660,638.70

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ypsilanti, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.