$930,000
$995,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
3,049 Sqft Lot
SOLD DATE : 10/01/2024
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
Sold Date 10/01/24
Bedrooms 10
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1899
Annual Tax Amount $9,686
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 50 x 60
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
Direction North side of Michigan Ave, between Adams and Washington.
Interior
Interior Features Laundry Facility, Cable Available
Heating Forced Air
Cooling Central Air, Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 6.0
Pool No
Waterfront no
Roof Type Other
Road Frontage Paved, Pub. Sidewalk
Garage no
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
Pets Allowed Yes
Tax ID 111140484010
Ownership Corporate/Relocation
Acceptable Financing Cash, Trade/Exchange
Listing Terms Cash, Trade/Exchange
Financing Cash,Trade/Exchange
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