103 W Michigan Avenue

Ypsilanti, MI
$ 399,999 Beds 0 Baths 0 Sq 3,780
Monthly Estimate* How much can I afford?

This historic downtown Ypsilanti commercial building is three stories--with a store front commercial space on entire ground floor, and two loft apartments that occupy entire second and third floor (approx. 1260 sq ft each). Each loft apartment has two bedrooms and one full bath. In addition,there are two half bathrooms in storefront space. There is also a wood deck off back door of third floor loft. Third floor features skylight and ceiling fans. Each apartment features original hardwood floors, very high ceilings, and laundry facilities in second floor common area. Building facade had mortar/brick and windows sealed with repairs in late 2019 and freshly painted. Commercial storefront and both apartments are all currently fully leased and generating income. This is a rare opportunity to own a fully occupied commercial building right in the middle of downtown Ypsilanti Historic District! Seller Related to Listing Agent.

Backup

  • Price
  • $ 399,999
  • Lot Size
  • 1,307 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,780
  • Full Bathrooms
  • 0
  • Year Built
  • 1890
  • Half Bathrooms
  • 0
  • City, Zip
  • Ypsilanti
  • Taxes
  • $ 4944
  • County
  • WASHTENAW
  • Style
  • Multifamily
  • Area
  • Ypsilanti
  • MLS#
  • 543281235
  • Zip
  • 48197
Listing Provided by: The Charles Reinhart Company
Data Source: REALCOMP II LTD.

Features

General

Cumulative Days on Market 15
Listing Agent Public Id 540000343682
Operating Expense 0.00
Ownership Status Private Owned
Parcel Number 111139101002
Property Type Multifamily
School District Ypsilanti
Status Accepting Backup Offers
Terms Offered Cash
Total Sq Ft 3780
Transaction Type Sale
Year Built 1890

Interior Features

Basement Y/N Yes
Total Baths 0.00
Total Units 3

Exterior Features

Foundation Basement, Michigan Basement
Lot Size Area 0.03

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Allen Park, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/26/2021 Listed $399,999

Property vs Zip Code Average in 48197

Price
AVG $290K
$400K
Taxes
AVG $4,485
$4,944
Visits
AVG 21
9
Year Built
AVG 1973
1890
Walkscore
AVG 29
91
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

103 W Michigan Avenue Ypsilanti, MI is a Single Family Home for sale at $399999 with 3780 sqft and a lot size of 1,307 SqFt Acre(s). 103 W Michigan Avenue Ypsilanti has 0 bedrooms, 0 baths and was built in 1890. The property's zip code is 48197 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.