550 1 St Avenue Unit 1-2
Ypsilanti, MI 48197
- 4 beds
- 2 baths
- 900 sqft
- $132 per sqft
- 1959 build
- – on site
More homes
INVESTMENT OPPORTUNITY IS KNOCKING!!! 2 unit rental with tenants in the upper unit until 9/2018 and lower unit 12/2018. City Certified 2 bedrooms, 1 bath on lower level, upper unit 1 bed, 1 bath and balcony. Fire escape per city guidelines. 2 car detached garage, central air, completed renovations in 2015. Bathrooms all new tiles and fixtures, All new electrical, separate meters for gas and electric, tenants pays gas and electric! Landlord pays water/lawn/ snow maintenance. Close to EMU- never an empty unit! Rent is $725 Apartment 1 & $800 Apartment 2. Making it a total $1,525 Monthly Revenue. 10% Return on investment CAP RATE out the door after all expenses. Property was fully renovated in 2013. New Wallside Windows, New Roofing, New Driveway, New Framing, New Electrical, New Heating, New Ventalation System, New Central AC Units, New Doors, New Trim, New Paint, New Flooring, New Balcony, New Kitchen Cabinets,New Countertops, New Bathrooms Tiled, New Appliances for both apartments.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 18, 2024
•
MLS# 218046866 —
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/31/18
Oct 31, 2018
|
Sold | REALCOMP | $119,000 | |
|
9/24/18
Sep 24, 2018
|
Pending | REALCOMP | $119,000 | |
|
9/19/18
Sep 19, 2018
|
Price Changed | REALCOMP | $119,000 | -7.8% |