Property Type: Residential-Condo/Townhouse/Co-op
Annual Taxes: $2,941
Year built: 1959
Buyer Possession: At Closing
Above Grade Square Footage: 900
School District: Ypsilanti Community Schools/ School of Choice
INVESTMENT OPPORTUNITY IS KNOCKING!!! 2 unit rental with tenants in the upper unit until 9/2018 and lower unit 12/2018. City Certified 2 bedrooms, 1 bath on lower level, upper unit 1 bed, 1 bath and balcony. Fire escape per city guidelines. 2 car detached garage, central air, completed renovations in 2015. Bathrooms all new tiles and fixtures, All new electrical, separate meters for gas and electric, tenants pays gas and electric! Landlord pays water/lawn/ snow maintenance. Close to EMU- never an empty unit! Rent is $725 Apartment 1 & $800 Apartment 2. Making it a total $1,525 Monthly Revenue. 10% Return on investment CAP RATE out the door after all expenses. Property was fully renovated in 2013. New Wallside Windows, New Roofing, New Driveway, New Framing, New Electrical, New Heating, New Ventalation System, New Central AC Units, New Doors, New Trim, New Paint, New Flooring, New Balcony, New Kitchen Cabinets,New Countertops, New Bathrooms Tiled, New Appliances for both apartments. DO NOT DISTURB TENANT OCCUPANT. SCHEDULE SHOWING ON REOZOM OR IT WILL BE CONSIDERED TRESPASSING
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