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$1,525,000 For Sale

202 N River Street
Ypsilanti, MI 48198

Multi Family Home
7841 sq ft lot - MLS# 25055956
Property Photo
1/10

Description

value add opportunity on a Pprtfolio of multi family and single family homes. Additional addresses: 202 N River - 4 Units 208 Maple - 2 Units 708/710 Maus - 2 Units 211 Devonshire - Single family 215 N Lincoln - Single Family 892 Maplewood - Single Family 1060 Commonwealth - Single family 2513 Tiffin - Single Family - (Flint) Units/homes range from 1 beds to 3 beds Most utilities are paid by residents. Rents are approximately $12,870 per month ($154,500 annually) making this a good turnkey investment with significant upside for any investor.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Washtenaw County
  • Zip Code: 48198
  • Year Built: 1850
  • Subdivision/Neighborhood: Depot Town And Ypsi Generally
  • School District: Ypsilanti
  • Basement: Crawl Space, Full, Michigan Basement, Partial, Slab, Other, Yes, Yes
  • # of Parking Spaces: 1
  • Lot Size: 7841 sq ft lot
  • Construction Materials: Aluminum Siding, Brick, Block, Concrete, Shingle Siding, Stone, Stucco, Vinyl Siding, Wood Siding
  • Cross Street: River @ North St
  • Directions: Michigan to River
  • Heat Source: Natural Gas
  • Heat Type: Baseboard, Forced Air
  • Heating: Baseboard, Forced Air
  • Homestead%: 1
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7841
  • Lot Size Units: Square Feet
  • MLS Area Major: Ann Arbor/Washtenaw - A
  • MLS Area Minor: Ann Arbor/Washtenaw - A
  • Main Type: Multi Family
  • Number Of Buildings: 8
  • Owner Pays: Trash Collection, Water, None
  • Ownership: Private Owned
  • Parcel Number: 11-11-09-130-012
  • Road Frontage: 1
  • SEV: 157600
  • Sewer: Public Sewer
  • Spec Assessment Ty: 1
  • Tax Annual Amount: 1
  • Tax Legal Description: *OLD SID - 11 11-290-071-00 YP CITY 16E-56 LOT 71 HUNTERS ADDITION. 202 N RIVER
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas, Sewer, Water
  • Terms Available: Cash, Conventional, Other
  • Township: Ypsilanti City
  • Util Availat Street: High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Public Sewer, Public Water, Storm Sewer, Phone Available
  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
  • Water Source: Public Water
Courtesy of Jeremy Dantzler, Provident R. E. Associates
Source: Michigan Regional Information Center (MichRIC)

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Trevor Morin | Phone: 517-437-2946 | trevor@mwplandsales.com
Hillsdale, MI 49242

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