917 W Cross Street, Ypsilanti, MI 48197

Local realty services provided by:Better Homes and Gardens Real Estate Connections
917 W Cross Street,Ypsilanti, MI 48197
$499,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:richard mattie
Office:the charles reinhart company
MLS#:25038754
Source:MI_GRAR

Price summary

  • Price:$499,900

About this home

Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.

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Home facts

  • Year built:1870
  • Listing Id #:25038754
  • Added:12 day(s) ago
  • Updated:August 15, 2025 at 07:30 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1870
  • Lot area:0.32 Acres

Schools

  • High school:Ypsilanti Community High School
  • Middle school:Ypsilanti Community Middle School
  • Elementary school:Estabrook Elementary School

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Tax amount:$8,700 (2024)