MI > Ypsilanti > Mi
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
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$349,900
Est. payment /mo
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3 Baths
2,250 SqFt
Price Dropped by $10K

408 N Hamilton Street Ypsilanti, MI 48197

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Celeste Moughler

Celeste Moughler

+1(989) 906-3270

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $155

Subdivision Mi

MLS Listing ID 60941363

Style 2 Story

Full Baths 3

Year Built 1929

Annual Tax Amount $11,352

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 36x165

Property Sub-Type Multi-Family

Property Description

Fantastic investment opportunity! This fully occupied triplex generates $39,000 in annual gross rental income with three long-term tenants in place. Tenants pay all utilities except water. The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit. Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units. Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.

Location

State MI

County Washtenaw

Area Ypsilanti (81033)

Rooms

Basement Block, Egress/Daylight Windows, Finished

Interior

Interior Features DSL Available

Heating Baseboard, Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Exterior Feature Wood

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Ypsilanti Public School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Complete

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Celeste Moughler

Celeste Moughler

Agent | License ID: 6​5​0​1​4​5​6​4​9​0

+1(989) 906-3270

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408 N Hamilton Street