Sold
224 W Michigan Avenue
Ypsilanti MI, 48197
$930,000
Sold
Multi-family
Built in 1899
Courtesy of Barry Kenyon, Real Estate One
13-unit mixed use retail/office commercial and residential income property: 3 retail and 10 residential units. Solidly constructed all-brick with over 9400 sq-ft on three levels. 7 studio units, 2-2 bed and 1-3 bed units. Separate utilities, laundry room, ample private and public parking. Numerous upgrades and updates including brick facade, roof, A/C, bamboo flooring, carpet, granite, windows, appliances, more. Commercial tenants pay all utilities. Second floor: tenant pays gas and electric. Third floor: tenant pays elect. Central air on floors 1 and 3; window units on floor 2. Very close to EMU College of Business, Huron River and Riverside Park. 100% leased, and tenants require lead time for viewing requests.
24026853
MLSⓇ ID
June 26, 2024
Listed
November 22, 2024
Updated
Map
224 W Michigan Avenue
Ypsilanti MI, 48197
Interior Features
Laundry Description
Common Area, Laundry Closet
Fireplace
Yes
Cooling
Yes
Cooling Description
Wall Unit(s), Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Lot Features
Sidewalk
Roof
Other
Sewer
Public Sewer
School Information
School District
Ypsilanti
Other Property Details
Area Name
Ann Arbor/Washtenaw - A
Taxes
$9,686
Tax Frequency
Annually
Days on Market
38
Association Fee
Not Listed
Association Amenities
Laundry
Garage
No
Parking Total
6
View
No
County
Washtenaw
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
10/2/2024 | Sold | $930,000 |
7/6/2024 | Pending | — |
6/26/2024 | Active | — |
6/18/2024 | Under contract | — |
Courtesy of Real Estate One
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Data last updated 11/22/2024