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Jim Blehm

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

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126 College Pl , Ypsilanti, MI 48197
$395,000
Est. Payment: $877.78/mo
0 Bed
8 Bath
0 Sqft
Status: Active | Days on site: 105
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432821 - 432717
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

PUBLIC REMARKSExcellent opportunity to acquire a fully occupied four-unit investment property in the highly desirable Eastern Michigan University area. Located just blocks from campus and close to downtown Ypsilanti and Depot Town, this property benefits from strong rental demand and a proven rental history.The building consists of four residential units and is currently tenant occupied (long term tenants), providing immediate income for a new owner. Convenient access to EMU, Depot Town, downtown Ypsilanti, parks, shopping, dining, and major commuter routes makes this a desirable location for tenants.This property offers investors the opportunity to acquire a stabilized asset in one of Ypsilanti's strongest rental submarkets. Financial information, rent roll, leases, and additional property details available upon request.
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Highlights

Listed by Colleen Kennedy , 248-417-1396 Prospect Realty Group , 248-417-1396.

Property Type

Multi-Family
Lot/Acreage
0.14

HOA Fee

Year Built

1890

County

Washtenaw

 Neighborhood

Ypsilanti City

 School District

Ypsilanti

Listing ID

20261041496

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$878
Taxes
$1,436
HOA
$0

Home Price

$395,000

Loan Details

30 yrs
%

Down Payment

20%
$79,000
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:
$877.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $877.78 $1,436.26 $0.00 $2,314.03
Yearly $10,533.33 $17,235.08 $0.00 $27,768.41
Total $316,000.00 $517,052.40 $0.00 $833,052.40

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.