Sold

224 W Michigan Avenue

Ypsilanti MI, 48197

$930,000


Sold

13 Beds

Multi-family

Built in 1899

13-unit mixed use retail/office commercial and residential income property: 3 retail and 10 residential units. Solidly constructed all-brick with over 9400 sq-ft on three levels. 7 studio units, 2-2 bed and 1-3 bed units. Separate utilities, laundry room, ample private and public parking. Numerous upgrades and updates including brick facade, roof, A/C, bamboo flooring, carpet, granite, windows, appliances, more. Commercial tenants pay all utilities. Second floor: tenant pays gas and electric. Third floor: tenant pays elect. Central air on floors 1 and 3; window units on floor 2. Very close to EMU College of Business, Huron River and Riverside Park. 100% leased, and tenants require lead time for viewing requests.

54024026853

MLS ID

May 29, 2024

Listed

November 22, 2024

Updated

Map

224 W Michigan Avenue
Ypsilanti MI, 48197

Interior Features

Bedrooms

13


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Window Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.07 Acres

School Information

School District

Ypsilanti

Other Property Details

Area Name

Ypsilanti


Taxes

$9,686


Tax Frequency

Annually


Days on Market

38


Garage

No


Parking Total

6


View

No


County

Washtenaw


Pool

No


Zoning

Other

Listing History

Date

Event

Price

10/2/2024

Sold

$930,000

7/6/2024

Pending

6/26/2024

Active

6/18/2024

Under contract

 

Courtesy of Real Estate One

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Data last updated 6:04 AM UTC, 11/22/2024

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