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2,460 sqft

$495,000

124 N Summit Street, Ypsilanti City Washtenaw Michigan, 48197

Price per sqft$201.22
Built in1890
Property size2,460 sqft
Property typeMulti-family

Overview

Active

Updated 4 weeks ago

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.

$3,293/mo

Est. mortgage payment based on a $495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$8,821
Tax Frequency
Annually

 

Courtesy of The Charles Reinhart Company

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Data last updated 6:29 AM UTC, 9/10/2026

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