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    307 N Adams St

    Ypsilanti, MI 48197
    • $275,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • MLS #: 3279319
    Under Contract
    UPDATED: 158 min ago
    $275,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,987
      SQFT
    • $92
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1894
    County:

    School Ratings & Info

    Description

    Fantastic opportunity to own your first investment property or an all-star addition to your existing portfolio. This property is split into 3 units: Two 1 bedrooms units and one 3 bedroom unit. The 1 bedrooms were rented at $790 and $850. Both 1 bedroom leases expired at the end of Feb. 2021. The 3 bedroom is rented at $1,300, expiring in August 2021. Very close to EMU campus, this property is easy to rent at top dollar. Parking is never an issue with two driveways. Laundry located in the basement with over 1,600 sq. ft. great for storage. New high energy furnace and exterior paint job. With a 2020 GRM of 7.7, this property will earn a very nice return on your investment.

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    ©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-04-17T23:46:32.083.
    www.sellsmi.com/homes/115033011
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    307 N Adams St Ypsilanti, MI 48197

    • Price: $275,000
    • Status: Active Under Contract
    • Updated: 158 min ago
    • MLS #: 3279319
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,987
    SQFT
    $92
    $/SQFT
    1894
    Built
    Neighborhood:
    Norris & Cross Add
    County:
    Washtenaw
    Area:
    Ypsilanti (81033)
    School District:
    Ypsilanti Public School District
    Property Description
    Fantastic opportunity to own your first investment property or an all-star addition to your existing portfolio. This property is split into 3 units: Two 1 bedrooms units and one 3 bedroom unit. The 1 bedrooms were rented at $790 and $850. Both 1 bedroom leases expired at the end of Feb. 2021. The 3 bedroom is rented at $1,300, expiring in August 2021. Very close to EMU campus, this property is easy to rent at top dollar. Parking is never an issue with two driveways. Laundry located in the basement with over 1,600 sq. ft. great for storage. New high energy furnace and exterior paint job. With a 2020 GRM of 7.7, this property will earn a very nice return on your investment.
    Exterior Features

    Exterior Construction Wood Exterior Features Patio Lot Size A Waterfront YN No

    Interior Features

    Basement YN No Fireplace YN No

    Property Features

    Community Amenities Laundry Facility Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Municipality Ypsilanti Ownership Private Property Type Multi-Family SEV 131500 Sev Year 2020 Summer Tax Amount 8065 Summer Tax Year 2020 Total Expenses 0 Total Tax Amount 8386 Total Tax Year 2020 Township Ypsilanti Charter Township Winter Tax Amount 321 Winter Tax Year 2020

    Listing courtesy of J Keller Properties, Llc.

    Source MLS: MiRealSource
    Originating MLS: Ann Arbor Area BOR MLS

    Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


    ©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-04-17T23:46:32.083.
     
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    Mundy Twp MI, 48507