$550,013
$495,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
507 N Washington Street Ypsilanti, MI 48197
7,650 Sqft Lot
Key Details
Sold Price $550,013
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality Ypsilanti City
Subdivision Norris And Cross Addition
MLS Listing ID 24026621
Sold Date 07/03/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1965
Annual Tax Amount $9,228
Tax Year 2024
Lot Size 7,650 Sqft
Acres 0.18
Lot Dimensions 49.5 x 118.5
Property Description
Multiple offers. Highest and best due Sunday June 9 at 6:00pm. Scarce four-unit apartment building in a quiet residential neighborhood only 1 block from EMU campus. Quality-built brick income property, designed as an apartment building and not a residential conversion. Two 1-bed and two 3-bed units, always fully leased. Specious units with over 4600 sq-ft total. Numerous upgrades among the units including granite counters, carpeting plus newer roof and parking lot. Great location...short walk to EMU or Depot Town, across from Huron River and Frog Island. Private off-street parking. In-house laundry, separate front and rear entrances. 100% leased, and tenants require lead time for viewing requests. Please contact listing agent to schedule showings.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Direction Between N. Huron and N. Adams, just south of W. Forest.
Rooms
Basement Slab
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplaces Number 1
Laundry Common Area, Laundry Closet, Lower Level
Exterior
Garage Asphalt, Driveway
Utilities Available Phone Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Storm Sewer, Broadband
Waterfront No
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 6
Building
Lot Description Level, Sidewalk, Wooded
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Ypsilanti
Others
Tax ID 11-11-40-107-011
Acceptable Financing Cash, Conventional, Tax Def Exchange
Listing Terms Cash, Conventional, Tax Def Exchange
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