124 N Summit Street, Ypsilanti, MI 48197

Ypsilanti
Local realty services provided by:ERA Greater North Properties
124 N Summit Street,Ypsilanti, MI 48197
$495,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ayad ridha
Office: the charles reinhart company
MLS#:26042161
Source:MI_MICHRIC

Price summary

  • Price:$495,000

About this home

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.

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Home facts

  • Year built:1890
  • Listing ID #:26042161
  • Added:49 day(s) ago
  • Updated:September 30, 2026 at 05:06 PM

Rooms and interior

  • Total bathrooms:4
  • Basement:Yes

Heating and cooling

  • Heating:Baseboard, Hot Water

Structure and exterior

  • Year built:1890
  • Lot area:0.21 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Tax amount:$8,821 (2026)

Parking

  • Total parking spaces:14

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