$499,900
917 W Cross Street
Ypsilanti, MI, 48197
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.
Property Details
Price:
$499,900
MLS #:
25038754
Status:
Active
Beds:
0
Baths:
0
Address:
917 W Cross Street
Type:
Single Family
Subtype:
5+ Units
Subdivision:
Normal Park
City:
Ypsilanti
Listed Date:
Aug 3, 2025
State:
MI
ZIP:
48197
Lot Size:
13,939 sqft / 0.32 acres (approx)
Year Built:
1870
Schools
School District:
Ypsilanti
Elementary School:
Estabrook Elementary School
Middle School:
Ypsilanti Community Middle School
High School:
Ypsilanti Community High School
Interior
Cooling
Wall Unit(s)
Fireplaces Total
6
Heating
Forced Air
Exterior
Construction Materials
Aluminum Siding
Parking Features
Concrete, Driveway
Parking Spots
8
Financial
Tax Year
2024
Taxes
$8,700
Mortgage Calculator
Map
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