917 W Cross Street, Ypsilanti, MI 48197
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Ypsilanti
- County Washtenaw
- Township Ypsilanti City
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Crawl Space, Michigan Basement
- Garage
- Acreage 0.32
- Heat Type Forced Air
- Central Air Wall Unit(s)
- Year Built 1870
- Style
- Exterior
- Taxes
- SEV 219300
- Zoning CN
- Parcel 11-11-40-134-002
- Lot Size 98x140
Features
Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.
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