1575 Ridge Road Ypsilanti, MI 48198
Listing Courtesy of: MichRic / Ann Arbor / Aleksandr "Alex" Milshteyn / Guillermo Fleurquin

  1575 Ridge Road Ypsilanti, MI 48198

Pending (54 Days)

Description

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.

MLS #:
24014585
Taxes
$9,156
Lot Size
1.2 acres
Type
Multifamily
Year Built
1910
County
Washtenaw County

Listed By

Aleksandr "Alex" Milshteyn, Ann Arbor
Guillermo Fleurquin, Ann Arbor
Source
MichRic
Last checked May 20 2024 at 4:02 AM GMT+0000
Bathroom Details
Heating and Cooling
  • Baseboard
  • Forced Air
  • Natural Gas
  • Electric
  • Window Unit(s)
Basement Information
  • Crawl Space
  • Michigan Basement
Exterior Features
  • Vinyl Siding
Utility Information
  • Sewer: Septic System
Parking
  • Driveway
  • Gravel
Additional Listing Info
  • Buyer Brokerage Commission: 2.50
Location
   
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Disclaimer: Copyright 2024 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/19/24 21:02