427 Ballard Street, Ypsilanti, MI 48197
427 Ballard Street, Ypsilanti, MI 48197
427 Ballard Street, Ypsilanti, MI 48197
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$430,000
Est. payment /mo
3 Baths
0.26 Acres 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 20261015106

Year Built 1894

Annual Tax Amount $8,687

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 76x151

Source Realcomp

Property Description

Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes.The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on each level. The layout is functional and well-suited for room-by-room leasing, providing consistent occupancy opportunities. Common areas are designed for practical daily use, and the structure offers solid fundamentals for continued rental operation.Situated in an established neighborhood with close proximity to public transportation, campus amenities, dining, and shopping, this property appeals to students, workforce tenants, and long-term room renters alike.Whether you are looking to expand your rental portfolio or acquire a turnkey income-producing property in the Ypsilanti market, 427 Ballard presents a compelling opportunity.Serious investors with proof of funds/ commercial pre-approval - inquire for financials and current occupancy details.

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Zoning Multi-Family

Direction S Forest to N on Ballard

Interior

Heating Baseboard, Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Aluminum Siding,Vinyl Siding

Schools

School District Ypsilanti

Others

Tax ID 111140113019

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by RE/MAX Home Sale Services

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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