633 Onandaga Avenue, Ypsilanti 48198

$69,000

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MLS#: 3238186
• For Sale
 • 1 Units • 1,320 SqFt

This property has been Sold!

06/01/2016 at $65,000

Portrait of Rick Mangan
Listed by Rick Mangan

(734) 646-4620

Saline - Reinhart Realtors

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248-208-3883

1 of 3 rental homes being sold as a package for a total price of $183,000. All are within 2-3 blocks of each other. This home is under a 1-year lease that begins on April 1st for $1100 per month. Other homes are 570 Calder/rents for $800; 684 Cayuga rents for $1100. 633 Onadaga includes a 1-car attached garage. It offers a Cap rate of 10% which is arrived at by dividing NOI divided by list price and does not include a factor for depreciation. Sewer line replaced in 2009 and roof in 2008. Other properties can be made available. Cap rate for all 3 properties is 10%.

Property Information    

Status
Sold 
Address
633 Onandaga Avenue 
City
Ypsilanti 
Zip
48198 
Year Built
1961 
Listing Date
03/07/2016 
County
Washtenaw 
Above Grade SqFt
1,320 

School Information

School District
Ypsilanti 

Taxes

Taxes
$1,535 
Summer Taxes
$1,076 
Winter Taxes
$459 

Rooms and Land

Number of Units

Listing Video for 633 Onandaga Avenue, Ypsilanti MI 48198

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Listing Courtesy of Reinhart Realtors
Office Address 1020 E. Michigan Avenue