Estimated Value: $421,395 - $452,000
King size, 3,240sqft triplex, 5-minute walk to EMU campus. 14,375sqft of land can park up to 15 cars, and a 1,772sqft unfinished basement and shed is available for tenant storage. Each unit has its own washer, dryer, dishwasher, refrigerator, and gas ranges all included in sale. Forced air heating zoned to the comfort of each unit. Unit #1 4bed/1.1bath pays $1,600/month. Unit #2 2bed/1bath pays $900/month. Unit #3 2bed/1bath pays $1,000/month. Generate cashflow and appreciation from this coveted EMU campus location from day 1.
Last Agent to Sell the Property
Joseph Bibi
National Realty Centers, Inc License #6501434956 Listed on: 09/27/2021
Home Type
Est. Annual Taxes
Year Built
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Parking
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Listing and Financial Details
$475,000
Investment Opportunity in the Heart of Ypsilanti – 4-Unit MultifamilyWelcome to 115 College Place, a well-maintained and updated 4-unit multifamily residence in one of Ypsilanti’s most sought-after investment corridors. Located just minutes from Eastern Michigan University and Downtown Ypsi’s growing cultural and dining scene, this property presents an outstanding opportunity for both seasoned
Joshua Dillon J Dillon Realty
$390,000
***Turn-Key Investment Property On Eastern Michigan University’s Campus!This exceptional duplex, zoned R-3, offers incredible income potential just steps from Eastern Michigan University's campus. The lower unit offers 4 bedrooms and 2 full bathrooms, while the upstairs unit has 3 bedrooms and 2 full bathrooms—making it ideal for student housing, multi-family living, or even owner-occupancy. You
Darryn Brundage-Forrest @properties Christies Intl RE Ann Arbor
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 202 N Summit Llc | -- | Cislo Title Co | |
| Rah Llc | $352,000 | None Available |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rah Llc | $144,406 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2021 11/03/21 | Sold | $352,000 | +0.6% | $109 / Sq Ft |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | For Sale | $350,000 | -- | $108 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $12,006 | $189,900 | $0 | $0 |
| 2023 | $11,759 | $150,000 | $0 | $0 |
| 2022 | $11,693 | $137,300 | $0 | $0 |
| 2021 | $7,077 | $133,200 | $0 | $0 |
| 2020 | $8,619 | $122,400 | $0 | $0 |
| 2019 | $7,211 | $122,400 | $122,400 | $0 |
| 2018 | $6,552 | $119,500 | $0 | $0 |
| 2017 | $6,419 | $118,700 | $0 | $0 |
| 2016 | $6,498 | $75,130 | $0 | $0 |
| 2015 | -- | $74,906 | $0 | $0 |
| 2014 | -- | $72,566 | $0 | $0 |
| 2013 | -- | $72,566 | $0 | $0 |
Seller's Agent in 2021
Joseph Bibi
National Realty Centers, Inc
(734) 459-4700
1 in this area
5 Total Sales
Buyer's Agent in 2021
Aaron Hoag
America's Premiere Realty Inc
(810) 577-8556
1 in this area
12 Total Sales
Source: Realcomp
MLS Number: 2210078761
APN: 11-40-164-013
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393