$499,900
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917 W Cross ST Ypsilanti, MI 48197
4,000 SqFt
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
Lot Size 0.320 Acres
Acres 0.32
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
Fireplace No
Exterior
Parking Features Concrete
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Building
Foundation CrawlSpace, MichiganBasement
Sewer PublicSewer, SewerAtStreet, StormDrain
Water Public
New Construction No
Schools
High Schools Ypsilanti
School District Ypsilanti
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Smarte Realty






