Properties for sale in Michigan

Overview

Description

Discover this triplex investment property in Ypsilanti, Michigan, offering tremendous potential for income-generating opportunities. Situated on a 3,485 square foot lot in the Core neighborhood close to all local shops and historical districts close by , This triplex provides flexibility for various real estate strategies and portfolio development. Whether you're an experienced investor seeking to expand your holdings or an entrepreneur exploring rental income possibilities, this property presents a solid foundation for your real estate objectives. The multi-unit configuration allows for efficient management and diversified revenue streams. Position yourself to capitalize on the Ypsilanti market with this distinctive property opportunity.

Location Property Info

County: Washtenaw
Street #: 428
Street Direction: N
Street Name: Washington
Suffix: Street
State: MI
Zip Code: 48197

General Property Info

Lot Measurement: Acres
Lot Square Footage: 3485
Lot Acres: 0.08
Lot Dimensions: 54X82x57X65
Year Built: 1902
New Construction: No
Cert of Compliance: Yes
Road Frontage: 54
Total # Units: 3
Total # Bldgs: Yes
Total Parking Spaces: 4
Waterfront: No
School District: Ypsilanti
High School: Ypsilanti Community High School
Association YN: No
Basement: Yes
# of Diff Unit Floor Plans: 0

Tax Info

Tax ID #: 11-11-40-188-008
Taxable Value: 98169
SEV: 116000
For Tax Year: 2025
Seller's Annual Property Tax: 7849
Tax Year: 2025
Spec Assessment & Ty: no
Homestead %: 0

Access Feat

Accessibility Features: No

Unit 1

Unit #: Yes
Unit Description: unit 1
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Dishwasher: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes
Washer/Dryer: Yes

More Information

Unit 2

Unit #: 2
Unit Description: Unit 2
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Unit 3

Unit #: 3
Unit Description: unit 3
Occupied: Yes
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Dishwasher: Yes
Sep. Heat System: Yes
W/D Hookup: Yes
Washer/Dryer: Yes

Location & Property Info

Cross Streets: Huron and washington
Property Sub-Type: 2 to 4 Units
Municipality: Ypsilanti City

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Discover this triplex investment property in Ypsilanti, Michigan, offering tremendous potential for income-generating opportunities. Situated on a 3,485 square foot lot in the Core neighborhood close to all local shops and historical districts close by , This triplex provides flexibility for various real estate strategies and portfolio development. Whether you're an experienced investor seeking to expand your holdings or an entrepreneur exploring rental income possibilities, this property presents a solid foundation for your real estate objectives. The multi-unit configuration allows for efficient management and diversified revenue streams. Position yourself to capitalize on the Ypsilanti market with this distinctive property opportunity.
Legal: *OLD SID - 11 11-441-313-20 YP CITY 44W-2 LOT 313 EXCEPT N 45 FT NORRIS & CROSS ADDITION.

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Laundry Features

In Basement: Yes
Laundry Room: Yes

Assoc. Amenities

Other: Yes

Exterior Material

Wood Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Driveway

Asphalt: Yes
Gravel: Yes

Substructure

Crawl Space: Yes
Michigan Basement: Yes

Owner Pays

None: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Basement; Laundry Room Exterior Material: Wood Siding Roofing: Composition Substructure: Crawl Space; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Owner Pays: None Tenant Pays: Electric; Gas; Sewer; Trash; Water Heat Source: Natural Gas Heat Type: Forced Air Driveway: Asphalt; Gravel Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Dishwasher; Range Oven; Refrigerator; Sep. Heat System; Washer/Dryer Unit 2: Range/Oven; Refrigerator; W/D Hookup; Washer/Dryer Unit 3: Range/Oven; Dishwasher; Sep. Heat System; W/D Hookup; Washer/Dryer

428 N Washington Street, Ypsilanti, MI 48197