408 N Hamilton Street Ypsilanti, MI $ 395,000
408 N Hamilton Street
$ 395,000
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408 N Hamilton Street

Ypsilanti, MI, 48197
$ 395,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,759

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Multi-Family Home for sale in Ypsilanti, MI

for $395,000 with 6 bedrooms. This home was built in 1929 on a lot size of 0.14.

Outstanding and high performing triplex investment property with stable tenants and fully occupied. Located in a very popular investment property area in the City of Ypsilanti. Very close and convenient to Eastern Michigan University's campus, the famous Depot Town, restaurants, bars, coffee shops, shopping and so much more. Cap rate is a healthy 6.8%. Contact the listing agent for more information.

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Multi-Family Active

Price

$ 395,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 7,051

Style

Multifamily

Lot Size

0.14

Year Built

1929

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

54024018222

Features
General
Interior Features Laundry Facility Cable Available
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street Storm Drain
Heating Forced Air Hot Water Wall/Floor Furnace
Possession Subject To Tenant Rights
Year Built 1929
Property Type Multifamily
Transaction Type Sale
Basement Type Walkout Access
Status Active
Short Sale No
Parking Total 5
Construction Materials Wood
Cumulative Days on Market 16
MLS Area Ypsilanti
Directions GPS
City Ypsilanti
Terms Offered Cash Conventional Trade/Exchange
School District Ypsilanti
Land Contract 0
Down Payment Resource 0
Ownership Status Private Owned
Street Name Hamilton
DOM 16
Taxes 7051.0000
Legal Description *OLD SID - 11 11-441-397-20 YP CITY 44W-100 S 36 FT OF LOT 397 NORRIS & CROSS ADDITION.
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Interior
Heating Fuel Natural Gas
Basement Y/N 1
Total Units 3
Street Suffix Street
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Exterior
Waterfront 0
Lot Size Area 0.14
Water Source Public (Municipal) Water at Street
Lot Size Dimensions 36 x 165
Roof Material Other
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Internal Only
Originating MLS Ann Arbor Area Board of REALTORS®
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* Excluded Features
List By
Kirk D Glassel

Listing Agent

The Charles Reinhart Company

Broker

(517) 812-7038

Phone

Affordability Calculator

$3,347
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$588
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848225 Elementary School
848527 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$395,000 Listed Price

Map


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408 N Hamilton Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $395,000 with a lot size of 0.14. 408 N Hamilton Street has 6 bedrooms, 0.0 baths, and was built in 1929. The property's zip code is 48197 which is in Ypsilanti, MI