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Turn-key investment property with four units just minutes from Depot Town, EMU, and area hospitals! Situated on over an acre of land, this property consists of a triplex (1575 Ridge), a detached ranch home (1583 Ridge), and a detached 3-car garage with additional parking. All four units are fully rented (see attachments for dates and rates) with total monthly rental income of $5,000, but you could also choose to live in one unit yourself and rent out the other three! Each unit offers private entry, a private porch, a full bathroom, a full kitchen, and its own utility meters. The triplex has two 1-bedroom units and a 2-bedroom unit, while 1583 Ridge has two bedrooms. Recent updates include both roofs, furnaces and water heaters in 1575, and a new boiler in 1583. Incredible opportunity to start or grow your investment portfolio, or have your mortgage paid for while you live rent-free! 72-hour notice required for all showings, no exceptions.
Type
- Multi Family
City/Township
- Ypsilanti
Year Built
- 1910
MLS#
- 24014585
Lot Size
- 1.0 Acres
Garage
- Driveway, Gravel
Est. Finished Above Ground
- 0 sq ft
Air Conditioning
- Window Unit(s)
Basement
- Crawl Space, Michigan Basement
Listed By
- Coldwell Banker Realty Ann Arbor
County
- Washtenaw
Schools
District
- Willow Run
Taxes
Taxes
- $9,156
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
---|---|---|---|---|---|---|---|
24014585 | Contingency | Active | Apr 10 2024 4:19PM | 14 | |||
24014585 | Active | Mar 27 2024 5:18PM | $449,900 | 14 |
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