Ypsilanti, MI 48197 604 Emmet Street
$370,000
Presented By: Caleb Smith at Fourmidable Group Inc. - (248) 593-4634
Home Details
Great opportunity to own rental property walking distance to EMU. Good upside with normalized rental increases and self-management and maintenance. Property currently has five occupied units. Basement could allow for the addition of another rentable unit. Good rental and occupancy history.
Presented By: Caleb Smith at Fourmidable Group Inc. - (248) 593-4634
Interior Features for 604 Emmet Street
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesIn Unit
Total Fireplaces1
General for 604 Emmet Street
Additional Parcels Y/NNo
Attached Garage No
CityYpsilanti
Construction MaterialsVinyl Siding
CoolingWall Unit(s)
CountyWashtenaw
DirectionsEmmet Street just west of Perlin Street and East of College Place.
Electric On Property Y/NNo
Gross Income42000.0
HeatingBaseboard
High School DistrictYpsilanti
Land Lease Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet5227.0
Lot Size UnitsAcres
MLS AreaAnn Arbor/Washtenaw - A
MLS Area MinorAnn Arbor/Washtenaw - A
MobileHomeRemainsYNNo
ModificationTimestamp2024-10-10T17:14:32Z
Net Operating Income15000.0
New ConstructionNo
NumberOfUnitsTotal5
Occupancy TypeTenant
OwnerPaysTrash Collection, Water, Sewer
PossessionClose Of Escrow
Property SubType5+ Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9052.0
Tax Assessed Value109673
Tax Year2024
Tenant PaysElectric, Gas
TermsCash, Conventional
TownshipYpsilanti City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available, Storm Sewer
Waterfront Y/NNo
Year Built1914
Exterior for 604 Emmet Street
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions60x120
Lot FeaturesSidewalk
Lot Size Acres0.12
Lot Size Area0.12
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAsphalt, Driveway
SpaNo
Total Parking5.0
Additional Details
Price History
Steven Wilson
Real Estate Agent
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License #543277