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917 W Cross ST Ypsilanti, MI 48197
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $122
Subdivision Normal Park
MLS Listing ID 81025038754
Sold Date 10/31/25
Year Built 1870
Property Sub-Type MultiFamily
Property Description
Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.
Location
State MI
County Washtenaw
Area Area04152Ypsilanti
Interior
Heating ForcedAir, NaturalGas
Cooling WallUnits
Exterior
Parking Features Concrete
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Foundation CrawlSpace, MichiganBasement
Sewer PublicSewer, SewerAtStreet, StormDrain
Water Public
Schools
School District Ypsilanti
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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