YPSILANTI DUPLEX INCOME PROPERTY Excellent location close to campus income property. This Duplex contains one 1 Bedroom unit and one 5 Bedroom unit. Providing close to a 10% cap rate and easy to obtained since units are rented at under market rates. Check out attached OP Statement for more information Leased through August '18. Unit #1 Leased for $495 and Unit #2 $1,125. Also for Sale next Door - To be sold with 514 Washtenaw as a package or separately.
MLS Listing ID: 3252914
Year Built: 1870
At $150,000, this home is priced $37,500 cheaper than the current market rate for a 6 bedroom home in Ypsilanti.
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