125 N Summit Street
Ypsilanti, MI 48197

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Description

Updated three unit income property within a short walk to campus that includes a garage! Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. There is ample off street parking. Tenants pay gas, electric, water/sewer.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Washtenaw County
• Zip Code: 48197
• Year Built: 1864
• School District: Ypsilanti
• Units: 3 units
• Basement: Partial, Yes, Yes
• # of Parking Spaces: 7
• Lot Size: 10019 sq ft lot
• Construction Materials: Vinyl Siding
• Cross Street: Washtenaw Ave and Summit St
• Extras: Garages
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Size Area: 0.23
• Lot Size Square Feet: 10019
• Lot Size Units: Acres
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 3
• Ownership: Private Owned
• Parcel Number: 11-11-40-163-022
• Possession: Subject To Tenant Rights
• Road Frontage: 66
• SEV: 184900
• Sewer: Public Sewer
• SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDE0NTA5IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA0LTE2VDIyOjA2OjUyLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE1NjM0IiwiTGljZW5zZWVOYW1lIjoiaUhPVVNFd2ViLCBJbmMuIn0.mSYmxuqJhmCQfwRuO6-gK1-dybmYKr2UcDnE0Sf71Ew/badge
• Spec Assessment Ty: no
• Street Type: Public
• Tax Annual Amount: 9201.97
• Tax Legal Description: *OLD SID - 11 11-175-061-00 YP CITY 21W-86 LOT 61 CROSS & BAGLEY'S ADDITION.
• Tax Year: 2025
• Tenant Pays: Electricity, Gas, Sewer, Water
• Terms Available: Cash, Conventional
• Township: Ypsilanti City
• Util Availat Street: Cable Available
• Utilities: Cable Connected, Cable Available
• Water Source: Public Water