206 S Huron Street, Ypsilanti, MI 48197
206 S Huron Street, Ypsilanti, MI 48197
206 S Huron Street, Ypsilanti, MI 48197
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$475,000
Est. payment /mo
9 Baths
0.26 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

MLS Listing ID 26053240

Year Built 1873

Annual Tax Amount $11,172

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 74 x 165

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti, Eastern Michigan University, shopping, dining and area amenities. Financial information and leases available for review. Buyer/Buyer's Agent to independently verify unit configurations, property information, income, expenses and future property taxes.

Location

State MI

County Washtenaw

Rooms

Basement Michigan Basement

Interior

Heating Forced Air, Hot Water, Radiant

Laundry In Basement

Exterior

Parking Features Driveway, Gravel

Utilities Available Natural Gas Connected, Electricity Connected

View Y/N No

Total Parking Spaces 5

Building

Sewer Public Sewer

Structure Type Stone,Wood Siding

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-39-411-010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Real Estate One Inc

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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