Multi Family homes for sale & real estate in 48198, MI

Multi Family Home for sale in 48198, MI:

A distinctive six-unit income property in the heart of Ypsilanti! Just steps from downtown and a short walk to the Ypsilanti Transit Center, this updated, fully rented property offers immediate income and character all its own. Think boutique hotel meets Wes Anderson, with eclectic details and a unique maritime voice-pipe communication system that set it apart from the ordinary. Rear parking adds convenience, while nearby favorites like Cafe Liv, Bellflower, Ace Hardware, and Riverside Park are all within walking distance. Managed by Baker Street Properties, this turnkey investment is ready for its next owner, with the legwork already done!

Multi Family Home for sale in 48198, MI:

Great investment opportunity in the city of Ypsilanti, close to EMU! This 6 bedroom, 2 full bath rental is currently used as a boarding house. Four of the units are currently rented, generating $2075 per month. Shared living room, dining room and kitchen on main level. All kitchen appliances stay, including the laundry in the basement. There is a detached garage with an upstairs for extra storage. No seller financing.

Multi Family Home for sale in 48198, MI:

Investment opportunity in the heart of Ypsilanti! This fully occupied 4-unit property generates current contractual base rent of $6,265/month, or $75,180 annually, with leases extending into 2027. Available records indicate an attractive unit mix consisting of a spacious 3-bedroom unit, two 1-bedroom units and one 2-bedroom unit. Current monthly rents are $2,300, $1,300, $1,365 and $1,300. Recent ownership has completed a number of repairs, improvements and unit updates. Strong current income and an established rental history provide an appealing opportunity for an investor looking to add a well-positioned multi-unit property to their portfolio. Conveniently located near Downtown Ypsilanti,

Multi Family Home for sale in 48198, MI:

Fully occupied 4-unit investment property in Ypsilanti featuring four 1-bedroom, 1-bath units and $37,740 in current annual rental income, including garage income. All four units are currently rented, providing an investor with established cash flow from day one. Each unit offers a practical layout, with locked private storage for each tenant in the basement and shared washer and dryer facilities. The property also includes a detached garage, currently generating additional rental income. Conveniently located near downtown Ypsilanti, Eastern Michigan University, shopping, dining, parks and major commuter routes. A great opportunity to add a fully rented, income-producing multifamily propert

Multi Family Home for sale in 48198, MI:

Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and gen

Multi Family Home for sale in 48198, MI:

WATER, ELECTRIC & HEAT INCLUDED IN RENT! Enjoy one easy monthly payment with your major utilities already covered. This upper-floor studio offers a private kitchen and 2 private bedroom and 2 bathrooms. An open living/bedroom area perfect for someone looking for a comfortable, low-maintenance space. Freshly painted with newer flooring and ready for occupancy. Great location close to Depot Town with convenient access to Eastern Michigan University, Washtenaw Community College, U of M, shopping, dining, and more. 12 month lease or open to Month to Month. No Credit Check required. No laundry available on-site. a 1 room unit is also available on main level Check out MLS #20261068735