Ypsilanti, MI 48197,224 W Michigan Avenue

$930,000

$995,000

6.5%
Est.Price: ?

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Est. payment /mo

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

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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Realcomp MLS
Listed by Barry Kenyon of Real Estate One
Bought with Real Estate One
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 790-9075

nicole@turfnsurfhomes.com

219 Hamilton, Birmingham, MI, 48009, United States

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