This property has been Sold!
06/01/2016 at $65,000
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%.
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Listing Video for 633 Onandaga Avenue, Ypsilanti MI 48198
Listing Courtesy of Reinhart Realtors
Office Address 1020 E. Michigan Avenue
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