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Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a primerental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights.
| YEAR BUILT | 1909 | COMMUNITY | Area04152Ypsilanti |
|---|---|---|---|
| GARAGE SPACES | 1.0 | COUNTY | Washtenaw |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Oven, Range, Refrigerator, Washer |
| AREA | Area04152Ypsilanti |
| BASEMENT | Full, Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Hot Water, Natural Gas, Steam |
| LOT | 10454 sq ft |
| LOT DIMENSIONS | 66.00 x 156.00 |
| PARKING | Detached, Garage Faces Front, Unpaved |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Colonial, Victorian |
| TAXES | 12041.51 |
| UTILITIES | Cable Connected, Natural Gas Connected |
| WATER | Public |
| ZONING | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listing provided courtesy of: ; Real Estate One Inc
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The data relating to real estate properties on this website was last updated as recently as 6/15/26 3:56 AM PDT.
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