$314,990
For Sale

418 Pearl Street

Ypsilanti, MI 48197
Browse 30 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

EXCEPTIONAL INVESTMENT PROPERTY for both CASH FLOW and APPRECIATION! This beautifully updated duplex in the heart of Ypsilanti is just a short walk from EMU, Depot Town, Frog Island Park, and exciting new developments in downtown Ypsilanti. Zoned CN (Core Neighborhood), offers flexibility for residential or potential business use. The property includes an upper 2BR/1BA unit, $1500 rent expired 10/31/24 and a lower 3BR/2BA unit, $1600 month-to-month lease basis, each with private entrances, sharing a basement with laundry and storage. All reliable tenants. Recent updates feature fresh exterior paint and some new stainless steel appliances. This property is rare to find. Seller is offering concession towards Buyer closing costs. The seller highly values their tenants and maintains positive relationships with them, so we kindly request that you do not disturb the tenantsSERIOUS BUYERS ONLY.

  • Property Details
      • Lot DescriptionSidewalk
    • Measurements
      • Acres0.14
  • Construction Details
      • BasementMichigan Basement, Full
      • Property TypeMulti-Family
    • Condition
      • Year Built1884
  • Utilities / Energy Details
      • Utility FeaturesWater Available, Sewer Available, Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, St
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • School DistrictYpsilanti
      • CountyWashtenaw
  • Financial Details
      • Original List Price$314,990
      • Days on Market (Cumulative)27
  • Other
      • MLS #24044449

Location

Workhorse Realty LLCReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00