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507 Emmet Street

Ypsilanti, MI 48197
  • $220,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: 2210091991
UPDATED: 82 min ago
$220,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,060
    SQFT
  • $72
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1885
County:
Area:
Zoning:
Multi-Family
Lot Size Dimensions:
52.00X91.00

School Ratings & Info

School District:

Description

Fully occupied duplex. The first unit is a 3 bedroom with access to a full basement with a washer and dryer and extra storage room. The second unit is a studio apartment with a full kitchen and bath. Parking is in the back with 4+ spaces. This property could very easily be converted into a single-family 4 bedroom home with a master suite. Tenant in studio apartment is currently on a month-to-month lease. The 3 bedroom lease expires April 2022. Photos are of 3 bedroom unit before it was leased to current tenants.

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-28T10:55:53.737.
www.gkrealestateteam.com/homes/123171634
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507 Emmet Street Ypsilanti, MI 48197

  • Price: $220,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 82 min ago
  • ID#: 2210091991
0
Beds
2
Baths
0
½ Baths
0.11
Acres
3,060
SQFT
$72
$/SQFT
1885
Built
Neighborhood:
Western Add
County:
Washtenaw
Area:
Ypsilanti
School District:
YPSILANTI
Property Description
Fully occupied duplex. The first unit is a 3 bedroom with access to a full basement with a washer and dryer and extra storage room. The second unit is a studio apartment with a full kitchen and bath. Parking is in the back with 4+ spaces. This property could very easily be converted into a single-family 4 bedroom home with a master suite. Tenant in studio apartment is currently on a month-to-month lease. The 3 bedroom lease expires April 2022. Photos are of 3 bedroom unit before it was leased to current tenants.
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Wood Foundation Details Basement Foundation Materials Block Lot Size Dimensions 52.00X91.00 Multifamily Parking Other Parking Total 4 Pool YN No Porch Type DeckPatio Road Frontage Feet 999 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 3060 Sq Ft Total Basement 900 Unit Efficiency Number Of 1 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 1 Unit Two Bed Number Of 0

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 22440.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventional Monthly Rental Income 1870 Net Operating Income 20196.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed No Postal City Ypsilanti Protection Period 90 Days Rent Includes Snow RemovalWater/SewerYard Maintenance Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 5980.0000 Tax Amount Winter 238.0000 Title Private - Owned Total Tax 6218.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 507 EMMET ST Water Source Municipal Water Zone Conform YN Yes Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via Hinton Real Estate Group and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than GK Real Estate Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-28T10:55:53.737.
 
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