• 4 Bedrooms
  • 2 Full Bath
  • 900 SqFt
  • MLS# 218046866
  • Photos
  • Map
  • Satellite
Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

INVESTMENT OPPORTUNITY IS KNOCKING!!! 2 unit rental with tenants in the upper unit until 9/2018 and lower unit 12/2018. City Certified 2 bedrooms, 1 bath on lower level, upper unit 1 bed, 1 bath and balcony. Fire escape per city guidelines. 2 car detached garage, central air, completed renovations in 2015. Bathrooms all new tiles and fixtures, All new electrical, separate meters for gas and electric, tenants pays gas and electric! Landlord pays water/lawn/ snow maintenance. Close to EMU- never an empty unit! Rent is $725 Apartment 1 & $800 Apartment 2. Making it a total $1,525 Monthly Revenue. 10% Return on investment CAP RATE out the door after all expenses. Property was fully renovated in 2013. New Wallside Windows, New Roofing, New Driveway, New Framing, New Electrical, New Heating, New Ventalation System, New Central AC Units, New Doors, New Trim, New Paint, New Flooring, New Balcony, New Kitchen Cabinets,New Countertops, New Bathrooms Tiled, New Appliances for both apartments.

Property Information

Status
Sold 
Address
550 1st Ave 
City
Ypsilanti 
Zip
48197 
County
Washtenaw 
Township
Ypsilanti 
Possession
At Closing 
Listing Date
05/29/2018 
Subdivision
Bartholomews Add 
Total Finished SqFt
900 
Above Grade SqFt
900 
Garage
2.0 
Garage Desc.
Detached, Side Entrance 
Water
Municipal Water
Sewer
Sewer-Sanitary
Year Built
1959 
Architecture
Bi-Level 
Home Style
Colonial 

School Information

School District
Ypsilanti 

Rooms and Land

Bedroom2
10.00X10.00 2nd Floor
Bedroom3
10.00X10.00 2nd Floor
Bedroom4
10.00X10.00 Lower Floor
Bedroom5
10.00X10.00 Lower Floor
Bath2
10.00X10.00 2nd Floor
Bath3
10.00X10.00 Lower Floor
Kitchen
10.00X15.00 2nd Floor
Kitchen-1
10.00X15.00 Lower Floor
Living
10.00X12.00 2nd Floor
Cooling
Ceiling Fans 2+, Central Air, Wall Units 2+, Window Units 2+ 
Heating
Electric, Forced Air, Hot Water, Natural Gas 
Appliances
Disposal, Freezer, Other, Refrigerator, Stove 

Features

Interior Features
Cable Available 
Exterior Materials
Vinyl 
Exterior Features
Fenced 

Mortgage Calculator

years
annual
annual
  • Schools Information
  • Local Business
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

MIRC Logo

Listing Courtesy of Reozom Real Estate Services
Office Address 506 Quay Street

Real Estate One Family of Companies

550 1st Ave Ypsilanti
Contact us
$119,000
Sold • Bed: 4 • Bath: 2/0