215 North Prospect
Ypsilanti, MI 48198

Sold 11/16/2015
  • 1,495
    sq.ft.
Multi-Family Home

Handsome rooming house with current C of Occupancy. Successful investor owner is retiring. Aluminum siding offers low exterior maintenance. Ample parking and convenient access to bus lines. Currently fully occupied with deposits. Renters share two full baths and one Kitchen. Good cash flow investment. Updated roof, newer water and sewer line. Rooms are furnished and easily rented. Current owner since 1980. Can offer helpful management tips. This property needs a strong manager but offers a great Cap Rate. Qualified buyers only.

Property Details
  • Ypsilanti Community
    school district
  • $4,408.00
    taxes
  • 1910
    built
  • 3235573
    MLS#
Parking spaces: 6
Lot acreage is: 0.24
Lot dimension is: 66x156
Lot zoned: R-1
Units in building(s): 6.00
Courtesy of:
Premier Choice Realty
Dennis F Longo

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Name Type GreatSchools
Rating
Distance
Erickson Elementary Elementary School / Public 3 1.47 mi.
Estabrook School Elementary School / Public 3 1.86 mi.
Washtenaw International Middle Academy (WIMA) Middle School / Public 8 0.68 mi.
Ypsilanti New Tech High School High School / Public 3 2.21 mi.
New Beginnings Academy * Pre-School, Elementary School / Public 4 0.23 mi.
Washtenaw International High School * High School / Public 9 0.7 mi.
Address Distance Sale date Sale price
215 North Prospect 0 mi. 11/16/2015 $85,900
209 North Park Street 0.19 mi. 5/19/2017 $80,000
316 Parsons Street 0.26 mi. 7/3/2018 $80,000
107 ARNET ST 0.38 mi. 7/20/2017 $109,000
56 North Huron Street 0.52 mi. 7/29/2016 $90,000
952 DAVIS ST 0.72 mi. 5/23/2018 $99,900
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{"markerType": "Sold", "lat": "42.2386", "lng": "-83.59939", "Address": "107 ARNET ST", "City": "Ypsilanti", "StateProv": "MI", "ZipCode": "48198"}
{"markerType": "Sold", "lat": "42.24192", "lng": "-83.61279", "Address": "56 North Huron Street", "City": "Ypsilanti", "StateProv": "MI", "ZipCode": "48197"}
{"markerType": "Sold", "lat": "42.23594", "lng": "-83.59312", "Address": "952 DAVIS ST", "City": "Ypsilanti Township", "StateProv": "MI", "ZipCode": "48198"}
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215 North Prospect, Ypsilanti, MI 48198 multi-family home was sold for $85,900.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.