MI > Ypsilanti > Ypsilanti City
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$349,900
Est. payment /mo
3 Baths
6,098 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

Subdivision Ypsilanti City

MLS Listing ID 20251041154

HOA Y/N true

Year Built 1929

Annual Tax Amount $11,352

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 36x165

Source Realcomp

Property Description

Fantastic investment opportunity! This fully occupied triplex generates $39,000 in annual gross rental income with three long-term tenants in place. Tenants pay all utilities except water.The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit.Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units.Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Zoning Multi-Family,Residential

Direction Located on Hamilton between Cross and Florence

Rooms

Basement Daylight

Interior

Heating Baseboard, Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Lot Description Sidewalk

Water Public

Structure Type Stucco,Wood Siding

Schools

School District Ypsilanti

Others

Tax ID 111140109012

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RE/MAX Complete

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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