Mike Smith
BEDS0
BATHS4 full
SQUARE FEET4,061
MLS#20261078875
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONC R O S S B A G L E Y S A D D
SCHOOLYpsilanti
Property Description
Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and generous storage space. The property offers convenient access to EMU, downtown Ypsilanti, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or explore an owner-occupied investment opportunity, this distinctive property offers plenty of possibilities!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Walk Out Access
Heating: Natural Gas, Radiant
Home Style: Craftsman, Tudor
Lot Size: 0.24 Acres
Stories: 3.0
Taxes: $12,042
Year Built: 1909
Feature Descriptions
Days on Site: 29
Exterior: Stucco, Wood Siding
Laundry: Common Area
Lot Dimensions: 66 x 155
Parcel#: 111140164035
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 11480
Units: 3
Water: Public
Winter Tax: 562
Local Schools
School District: Ypsilanti
Listed By / Shown By
Listed By
Agency Name: Prospect Realty Group
Agency Phone: 2484171396
Shown By
Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 3,062.80 per month $1,957.24 Principal & Interest $1,003.50 Property Tax $102.05 Homeowner's InsuranceChange Payment Information
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Agent License Information: Brokerage/Company License Number: MI-65-05366134
217 N Normal Street | MLS# 20261078875
This multi-family property located at 217 N Normal Street, Ypsilanti, Mi 48197 is currently listed for sale with an asking price of $349,900. N Normal Street is located within the Ypsilanti school district. Search Ypsilanti real estate on mikesmith.ikeyrealty.com today.