308 Ballard Street
Ypsilanti, MI 48197

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Description

Excellent investment property close to EMU. If you love old houses, you'll appreciate this grand lady! Solid construction, hardwood floors, original woodwork most of which is still unpainted, high ceilings, leaded glass beveled windows in grand staircase. Fully updated kitchen and baths.This one is NOT typical rental-unit quality. Very desirable rentals. Small yard, driveway holds 2 cars, adjacent to city parking lot. Upstairs unit has 3rd floor half story makes for enormous 2nd bedroom. Both units have dishwashers, newer appliances, shared laundry in basement. Excellent potential to create a 3rd unit in the basement as zoning allows - great opportunity to create more cash flow.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Washtenaw County
• Zip Code: 48197
• Year Built: 1910
• School District: Ypsilanti
• Units: 2 units
• Basement: Crawl Space, Daylight, Full, Other, Yes, Yes
• # of Parking Spaces: 2
• Lot Size: 2614 sq ft lot
• Annual Utilities: 2521
• Construction Materials: Stucco
• Cooling: Window Unit(s)
• Cross Street: S of Cross, N of Emmett
• Directions: S off Cross St, just N of Emmett. Blocks from Eastern Michigan University
• Driveway: Gravel
• Extras: Laundry Facility, Sep Electric Meter
• Heat Source: Natural Gas
• Heat Type: Hot Water, Steam
• Heating: Hot Water, Steam
• Insurance Expense: 1515
• Laundry Features: Common Area, In Basement
• Lot Description: Sidewalk
• Lot Features: Sidewalk
• Lot Size Area: 0.06
• Lot Size Square Feet: 2614
• Lot Size Units: Acres
• MLS Area Major: Ann Arbor/Washtenaw - A
• MLS Area Minor: Ann Arbor/Washtenaw - A
• Main Type: Multi Family
• Maintenance Expense: 3181
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 2
• Owner Pays: Gas, Sewer, Trash Collection, Water
• Ownership: Private Owned
• Parcel Number: 11-11-40-184-006
• Parking Features: Gravel
• Possession: Close Of Escrow
• Road Frontage: 45
• Road Surface Type: Paved
• Roof: Composition
• SEV: 172300
• Sewer: Public Sewer
• Street Type: Paved, Public
• Tax Annual Amount: 13050
• Tax Legal Description: TRS 8/95 *OLD SID - 11 11-810-018-20 YP CITY 55W-27 N 45 FT OF S 124.95 FT OF LOT 18 WESTERN ADDITION.
• Tax Year: 2025
• Tenant Pays: Electricity
• Terms Available: Cash, Conventional
• Total Approx Sq Ft All Bldgs: 2679
• Township: Ypsilanti City
• Util Availat Street: Public Sewer, Storm Sewer
• Utilities: Cable Connected, Natural Gas Connected, Electricity Connected, Storm Sewer
• Water Source: Public Water
• Zoning Description: CN