$2,700,000
$2,650,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
0.84 Acres Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $2,700,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024036375
Sold Date 11/01/24
Bedrooms 2
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1962
Annual Tax Amount $39,563
Lot Size 0.840 Acres
Acres 0.84
Lot Dimensions Irregular
Property Description
Rare opportunity for this 3 property offering within a 3 minute walk to Eastern Michigan University campus! 27 unit well maintained apartment buildings (2) plus two adjacent rental properties on a total of 0.84 acres. 2 apartment buildings contain eighteen 1 bedroom, three 2 bedroom, and 6 efficiency units. Included in this sale are 208 N Normal St and 214 N Normal St. 208 N Normal St is a 5 bedroom 2 bath rental property. 214 N Normal St is a 4 bedroom 1 bath rental property. 715 Washtenaw has $258,703 in rental income. 208 N Normal has $23,530 in rental income. 214 N Normal has $19,200 in rental income. The buildings have 60 mil GAF Everguard TPO roofs that were installed in 2016.
Location
State MI
County Washtenaw
Area Ypsilanti
Zoning Other
Direction Washtenaw Ave and N Normal
Rooms
Basement Daylight
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace no
Heat Source Electric
Exterior
Garage Spaces 37.0
Waterfront no
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick,Wood
Schools
School District Ypsilanti
Others
Pets Allowed Yes
Tax ID 111140430001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Century 21 Curran & Oberski
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