414 Emmet
Ypsilanti, MI 48197

Sold 10/14/2016
  • 2,648
    sq.ft.
Multi-Family Home

This great near campus income property makes a great investment for a first time or veteran landlord. With a cap rate of 12% and steady occupancy this property could be a perfect for the right owner. New electric panels that are sub metered and a new furnace are just a few of the updates on this income opportunity.

Property Details
  • Ypsilanti Community
    school district
  • $6,366.21
    taxes
  • 1896
    built
  • 3243175
    MLS#
Parking spaces: 4
Lot acreage is: 0.17
Lot zoned: CN
Units in building(s): 4.00
Courtesy of:
Real Estate One
Tyler W Weston

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Name Type GreatSchools
Rating
Distance
Erickson Elementary Elementary School / Public 3 2.08 mi.
Estabrook School Elementary School / Public 3 1.05 mi.
Washtenaw International Middle Academy (WIMA) Middle School / Public 8 1.26 mi.
Ypsilanti New Tech High School High School / Public 3 1.4 mi.
W-A-Y Home Washtenaw * High School / Public N/A 0.31 mi.
W-A-Y Washtenaw * High School / Public 4 0.31 mi.
Address Distance Sale date Sale price
414 Emmet 0 mi. 10/14/2016 $160,000
407 Emmet Street 0.04 mi. 11/30/2017 $182,000
505 Emmet Street 0.06 mi. 7/29/2016 $177,500
507 Emmet Street 0.07 mi. 6/25/2018 $160,000
309 North Adams Street 0.11 mi. 12/29/2015 $151,500
514 Washtenaw Road 0.11 mi. 12/15/2017 $156,000
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Ypsilanti Real Estate Market in 48197
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$202,584
Average sale price
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414 Emmet, Ypsilanti, MI 48197 multi-family home was sold for $160,000.
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.