Sold

715 Washtenaw Avenue

Ypsilanti MI, 48197

$2,700,000


Sold

Other

Built in 1962

Courtesy of Ayad Ridha, The Charles Reinhart Company

Rare opportunity for this 3 property offering within a 3 minute walk to Eastern Michigan University campus! 27 unit well maintained apartment buildings (2) plus two adjacent rental properties on a total of 0.84 acres. 2 apartment buildings contain eighteen 1 bedroom, three 2 bedroom, and 6 efficiency units. Included in this sale are 208 N Normal St and 214 N Normal St. 208 N Normal St is a 5 bedroom 2 bath rental property. 214 N Normal St is a 4 bedroom 1 bath rental property. 715 Washtenaw has $258,703 in rental income. 208 N Normal has $23,530 in rental income. 214 N Normal has $19,200 in rental income. The buildings have 60 mil GAF Everguard TPO roofs that were installed in 2016.

24036375

MLS ID

October 1, 2024

Listed

November 22, 2024

Updated

Map

715 Washtenaw Avenue
Ypsilanti MI, 48197

Interior Features

Fireplace

Yes


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.44 Acres


Sewer

Public Sewer

School Information

School District

Ypsilanti

Other Property Details

Area Name

Ann Arbor/Washtenaw - A


Taxes

$39,563


Tax Frequency

Annually


Days on Market

11


Garage

No


Parking

Asphalt, Driveway


Parking Total

37


View

No


County

Washtenaw


Pool

No

Listing History

Date

Event

Price

11/5/2024

Sold

$2,700,000

10/1/2024

Pending

9/30/2024

Sold

$2,700,000

8/6/2024

Pending

Courtesy of The Charles Reinhart Company

The IDX display contains information sourced from the MichRIC® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated 11/22/2024

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