501 N Washington Street Ypsilanti, MI, 48197
$ 219,900Bedrooms Baths0.0 Sq 2,160
for $219,900. This 2,160 square foot building was built in 1844 on a lot size of 0.19 Acre(s).
Great investment property in a premier location. This duplex consists of a 4 bed/1 bath unit (apt #1) and 3 bed/2 bath unit (apt#2). Ceiling fan, washer/dryer and dishwasher in each unit. Parking spots in rear. Consistently fully rented out every year with an annual income of $27, 600 (rent rolls provided by request). Centrally located and within walking distance to EMU campus, Depot town and downtown Ypsi. Property has passed city inspection and Certificate of Occupancy good until 2020. Showings allowed Mon-Fri 10am-7pm and Sat/Sun 1pm-4pm. 48 hour tenants notice required for showings.
Basement Basement Other
Room Features Laundry/Utility Room
Exterior Deck Patio
Parking 1-20 Parking Spaces
Rental* Excluded Features
Tenant Pays Cable Electric
List By Keller Williams Ann Arbor
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% 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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Commerical listings in Ypsilanti, MI
Average List Price $743,732
Percent of Sale Price 238 %
About Ypsilanti, MI
-10 % Since 2002
$ 35,778 Median Income
26.99 Median Age
18 % Households with Children