MI > Ypsilanti
Ypsilanti, MI 48197,217 N Summit Street
Ypsilanti, MI 48197,217 N Summit Street
Ypsilanti, MI 48197,217 N Summit Street
7
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$499,900
Est. payment /mo
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4 Beds
8,276 Sqft Lot
Active

217 N Summit Street Ypsilanti, MI 48197

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Nick Zeoli

Nick Zeoli

+1(248) 860-3268

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025051296

Bedrooms 4

Year Built 1910

Annual Tax Amount $7,213

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 59x140

Source Greater Metropolitan Association of REALTORS®

Property Description

Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income when fully rented with $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Extremely low vacancy rate. Updates in the last 4 years include Roof, Heating system, driveway and parking lot and some unit updates. Awesome Investment opportunity.

Location

State MI

County Washtenaw

Area Ypsilanti

Direction North of Washtenaw South of Michigan Ave

Rooms

Basement Daylight

Interior

Interior Features Laundry Facility, Cable Available

Heating Steam

Cooling Window Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 7.0

Road Frontage Paved, Pub. Sidewalk

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Block,Stone,Vinyl

Schools

School District Ypsilanti

Others

Pets Allowed Yes

Tax ID 111140138023

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Michael Lee of Real Estate One Inc
Nick Zeoli
Nick Zeoli

Agent

+1(248) 860-3268 | nick@zeolirealtymi.com

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217 N Summit Street