507 Emmet Street
Ypsilanti, MI 48197

Sold 6/25/2018
  • 1,504
    sq.ft.
Multi-Family Home

Great investment opportunity near EMU campus! This duplex has two units; one 3 bedroom and one efficiency with separate access and plenty of parking. Located walking distance to Eastern Michigan's Campus it's the perfect student rental. Fully rented through September 2018 with the opportunity to raise rents in the fall, a great investment for a local owner/manager or first time real estate investor. This building has been professionally maintained with stainless steel appliances, a new water heater, new high efficiency heat system and new vinyl windows. Includes gas dryer and washing machine. Tenants pay for electric, gas and internet.

Property Details
  • Ypsilanti Community
    school district
  • $5,302.00
    taxes
  • 1885
    built
  • 3252785
    MLS#
Parking spaces: 6
Lot acreage is: 0.11
Lot zoned: R3
Units in building(s): 2.00
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Name Type GreatSchools
Rating
Distance
Erickson Elementary Elementary School / Public 3 2.11 mi.
Estabrook School Elementary School / Public 3 0.99 mi.
Washtenaw International Middle Academy (WIMA) Middle School / Public 8 1.29 mi.
Ypsilanti New Tech High School High School / Public 3 1.34 mi.
W-A-Y Home Washtenaw * High School / Public N/A 0.32 mi.
W-A-Y Washtenaw * High School / Public 4 0.32 mi.
Address Distance Sale date Sale price
507 Emmet Street 0 mi. 6/25/2018 $160,000
505 Emmet Street 0.01 mi. 7/29/2016 $177,500
508 Emmet Street 0.03 mi. 5/24/2016 $137,000
514 Washtenaw Road 0.05 mi. 12/15/2017 $156,000
213 Perrin Street 0.05 mi. 7/11/2018 $179,970
518 Washtenaw Road 0.06 mi. 1/5/2018 $144,900
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Ypsilanti Real Estate Market in 48197
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$200,147
Average sale price
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507 Emmet Street, 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.