217 N Summit Street, Ypsilanti, MI 48197

Local realty services provided by:ERA Greater North Properties
217 N Summit Street,Ypsilanti, MI 48197
$499,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:michael lee
Office:real estate one inc
MLS#:25051296
Source:MI_GRAR

Price summary

  • Price:$499,900

About this home

Investors take note of this 7 Unit Income property in Ypsilanti steps from the Eastern Michigan Campus. Over $72,000 in gross rental income with $11,114 in expenses. Separate electric for units. Current insurance is $4848.00. Extremely low vacancy rate. Updates in the last 4 years include Roof, Heating system, driveway and parking lot and some unit updates. Awesome Investment opportunity.

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Home facts

  • Year built:1910
  • Listing ID #:25051296
  • Added:1 day(s) ago
  • Updated:October 07, 2025 at 03:46 PM

Heating and cooling

  • Heating:Steam

Structure and exterior

  • Year built:1910
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$499,900
  • Tax amount:$7,213 (2025)