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408 N Hamilton Street
Ypsilanti, MI 48197
–
beds
–
baths
–
sqft
6,098
sqft lot
1929
build
–
on site
Outstanding and high performing triplex investment property with stable tenants and fully occupied. Located in a very popular investment property area in the City of Ypsilanti. Very close and convenient to Eastern Michigan University's campus, the famous Depot Town, restaurants, bars, coffee shops, shopping and so much more. Cap rate is a healthy 6.8%. Contact the listing agent for more information.
Listing courtesy of MICHRIC / Kirk Glassel / The Charles Reinhart Company
Last checked:
Checking…
•
Last updated May 3, 2024
•
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MLS# 24018222 —
This property is listed in more than one place. See it here.
The Building
Year Built:
1929
New Construction:
false
Construction Materials:
Wood Siding
Architectural Style:
None
Foundation Details:
None
Building Features:
None
Exterior Features:
None
Window Features:
None
Patio And Porch Features:
None
Accessibility Features:
No
Direction Faces:
None
Roof:
Other
Stories:
None
Basement:
true
Basement:
Walk Out, Full
Basement:
Yes
Building Area Total:
None
Exterior Material -Wood Siding:
true
Below Grade Finished Area:
None
Interior
Rooms Total:
None
Interior Features:
None
Flooring:
None
Fireplaces Total:
1
Fireplace:
No
Fireplace Features:
None
Room Dimensions
Living Area:
None
Location
Directions:
GPS
Cross Street:
Cross and N Hamilton
Latitude:
42.246274
Longitude:
-83.617341
The Property
Parcel Number:
11-11-40-109-012
Property Type:
Multi-Family
Property Subtype:
2 to 4 Units
Property Attached:
No
Lot Features:
Level, Sidewalk
Lot Size SqFt:
6098.0
Lot Size Acres:
0.14
Lot Size Area:
0.14
Lot Size Units:
Acres
Topography:
None
Waterfront:
false
View:
None
View:
No
Fencing:
None
Inclusions:
None
Zoning:
None
Current Use:
None
Possible Use:
None
Waterfront:
No
Road Frontage:
36.0
Road Surface Type:
Paved
Listing Agent
Contact info:
Agent phone:
(517) 812-7038
Office phone:
(734) 971-6070
Taxes
Tax Year:
2024
Tax Year:
2024.0
Tax Legal Description:
*OLD SID - 11 11-441-397-20 YP CITY 44W-100 S 36 FT OF LOT 397 NORRIS & CROSS ADDITION.
Tax Annual Amount:
7051.0
Tax Assessed Value:
90373
Taxable Value:
90373.0
Annual Property Taxes:
7051.0
Beds
Main Level Bedrooms:
None
Bedrooms Total:
None
Baths
Full Baths:
None
Partial Baths:
None
Three Quarter Baths:
None
Half Baths:
None
Quarter Baths:
None
The Listing
Home Warranty:
No
Virtual Tour URL Branded:
None
Buyer Agency Compensation:
3.00
Heating & Cooling
Cooling:
None
Cooling:
false
Heating:
true
Heating:
Wall Furnace, Hot Water, Forced Air, Natural Gas
Heat Type -Forced Air:
true
Heat Source -Natural Gas:
true
Utilities
Utilities:
Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected, Cable Connected
Electric:
None
Natural Gas:
true
Sewer:
Public Sewer
Sewer -Public
true
Water Public:
true
Green Energy Generation:
None
Green Water Conservation:
None
Appliances
Appliances:
None
Laundry Features:
Common Area, In Basement, Laundry Room
Schools
Elementary School:
None
Elementary School District:
None
Middle Or Jr High School:
None
Middle Or Jr High School District:
None
High School:
None
High School District:
Ypsilanti
The Community
Senior Community:
No
Pool Private:
No
Pool Features:
None
Spa Features:
None
Pets Allowed:
None
Association:
No
Association Fee:
$None
Association Fee Frequency:
None
Parking
Garage:
No
Attached Garage:
false
Garage Spaces:
None
Carport:
No
Carport Spaces:
None
Parking Total:
5.0
Parking Features:
Driveway, Gravel
Extra Units
Other Structures:
None
Unit 1 Unit Description:
Entry Level Unit
Unit 1 Dishwasher:
true
Unit 1 Bedrooms:
3
Unit 1 Baths:
1
Unit 1 Full Baths:
1
Unit 1 Fireplace:
true
Unit 2 Unit Description:
2nd Level Unit
Unit 2 Bedrooms:
2
Unit 2 Baths:
1
Unit 2 Full Baths:
1
Unit 2 Refrigerator:
true
Unit 2 Range Oven:
true
Unit 3 Unit Description:
Basement Unit
Unit 3 Bedrooms:
1
Unit 3 Baths:
1
Unit 3 Full Baths:
1
Unit 3 Refrigerator:
true
Unit 3 Range Oven:
true
Based on service areas, we were unable to identify any schools that serve this property.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
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Listing provided by broker:
Kirk Glassel
The Charles Reinhart Company
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
This multifamily located in Riverside, Ypsilanti, MI 48197 is currently for sale for $395,000. 408 N Hamilton Street is a – square foot multifamily with – beds and – baths that has been on Estately for 18 days. 408 N Hamilton Street is in the Riverside neighborhood of Ypsilanti and has a WalkScore® of 89, making it very walkable.