$399,900 for Sale
217 n normal street, ypsilanti, MI 48197
| Beds 8 | Baths 4 | 2,862 Sqft | 0.24 Acres |
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1 of 1 |
Property Description
Exceptional investment opportunity just steps from Eastern Michigan University! This long-time student rental offers incredible flexibility for investors and owner-occupants alike. Live in one unit and rent the others, continue leasing the units separately, or lease the entire property to a single group. Currently configured as three separate rental units generating a total of $4,400 per month in rental income, with one lease for two units in place through 7/31/2026 and the remaining tenant on a month-to-month agreement. The property features 7/8 bedrooms, four full bathrooms, and four kitchens - one on each level - providing numerous options for future use. Shared laundry is located in the basement, and tenants pay all utilities, with separate electrical meters and shared gas and water service. Ample off-street parking and abundant storage add to the property's appeal. Whether you're looking to expand your portfolio, generate immediate cash flow, or build long-term equity in a primerental location, this property presents a rare opportunity you don't want to miss! Showings begin 6/17. A minimum 48-hour notice is required for all showings. Sale is subject to tenants' rights.
General Information
Sale Price: $399,900
Price/SqFt: $140
Status: Active
MLS#: gmrmi81026028463
City: ypsilanti
Post Office: ypsilanti
Schools: ypsilanti
County: Washtenaw
Acres: 0.24
Lot Dimensions: 66.00 x 156.00
Bedrooms:8
Bathrooms:4 (4 full, 0 half)
House Size: 2,862 sq.ft.
Acreage: 0.24 est.
Year Built: 1909
Property Type: Single Family
Style: Colonial,Victorian
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved,Pub. Sidewalk
Garage Description: Detached
Construction: Stucco
Exterior: Stucco
Fireplaces: 1
Basement: Yes
Basement Description: Partially Finished,Walk-Out Access
Foundation : Basement
Appliances: Dryer,Oven,Range/Stove,Refrigerator,Washer
Cooling: Window Unit(s)
Heating: Hot Water,Steam
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary),Storm Drain
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $12,042
HOA fees:
Legal Description: *OLD SID - 11 11-175-025-00 YP CITY 21W-36 LOT 25 CROSS & BAGLEY'S ADDITION.
IDX provided courtesy of Realcomp II Ltd. via Atlas Real Estate and Greater Metropolitan Association of REALTORS®, ©2026 Realcomp II Ltd. Shareholders
Listing By: Aleksandr Milshteyn of Real Estate One Inc, Phone: (734) 662-8600
