506 Emmet Street
Ypsilanti, MI 48197

Est. Mortgage: $766/mo
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  • 1,694
Multi-Family Home

Great three unit investment property. Terrific location near Eastern Michigan University, bus lines and shopping. Fully occupied for 2018 rental season. All units have two bedrooms, full bath and kitchen. Newer roof. Rewired 2015. New sewer line to road 2016. Two egress windows in basement and 2 sets of steps. Tenants pay electric. Landlord pays heat and water. 4 meters.

Property Details
  • Ypsilanti Community
    school district
  • 1840
  • 3253779
Parking spaces: 2
Lot acreage is: 0.09
Lot dimension is: 63X62
Lot zoned: Res
Units in building(s): 3.00
Get more info or schedule a showing:
Name Type GreatSchools
Erickson Elementary Elementary School / Public 5 2.11 mi.
Estabrook School Elementary School / Public 3 1.01 mi.
Washtenaw International Middle Academy (WIMA) Middle School / Public 6 1.29 mi.
Ypsilanti New Tech High School High School / Public 4 1.35 mi.
W-A-Y Home Washtenaw * High School / Public N/A 0.33 mi.
W-A-Y Washtenaw * High School / Public N/A 0.33 mi.
Address Distance Sale date Sale price
505 Emmet Street 0.03 mi. 7/29/2016 $177,500
414 Emmet 0.04 mi. 10/14/2016 $160,000
307 North Hamilton Street 0.08 mi. 7/8/2016 $215,000
407 Emmet Street 0.08 mi. 11/30/2017 $182,000
119 HAMILTON 0.14 mi. 3/31/2017 $190,000
309 North Adams Street 0.15 mi. 12/29/2015 $151,500
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{"markerType": "Sold", "lat": "42.24319", "lng": "-83.61787", "Address": "119 HAMILTON", "City": "Ypsilanti", "StateProv": "MI", "ZipCode": "48197"}
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The approximate monthly principal & interest payment for this property would be $766.30.

This payment is based on a 30-year loan at a fixed rate of 4.000 % - APR 4.068 % with a down payment of $39,800. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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506 Emmet Street, Ypsilanti, MI 48197 multi-family home offered for sale at $199,000 by Hody List in the Ann Arbor real estate office.
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.