917 W Cross Street, Ypsilanti, MI 48197
Local realty services provided by:ERA Reardon Realty
917 W Cross Street,Ypsilanti, MI 48197
$499,900
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:richard mattie
Office:the charles reinhart company
MLS#:25038754
Source:MI_GRAR
Price summary
- Price:$499,900
About this home
Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.
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Home facts
- Year built:1870
- Listing ID #:25038754
- Added:61 day(s) ago
- Updated:October 04, 2025 at 07:48 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1870
- Lot area:0.32 Acres
Schools
- High school:Ypsilanti Community High School
- Middle school:Ypsilanti Community Middle School
- Elementary school:Estabrook Elementary School
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,900
- Tax amount:$8,700 (2024)
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