ResidentialSingle Family Residence217 N Normal Street, Ypsilanti, MI 48197

Basics

  • Date added: Added 3 hours ago
  • Category:
  • Type:
  • Status:
  • Bedrooms: 8
  • Bathrooms: 4
  • Area: 2862 sq ft
  • Lot size: 0.24 sq ft
  • Year built: 1909
  • Bathrooms Full: 4
  • Lot Size Acres: 0.24 acres
  • Rooms Total: 15
  • County: Washtenaw
  • Bathrooms Half: 0
  • MLS ID: 26028463

Description

  • 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 prime rental 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.

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Location

  • Directions: West Side of N. Normal Street Just South of Washtenaw Avenue

Building Details

  • Building Area Total: 2862 sq ft
  • Construction Materials: Stucco
  • Architectural Style: Colonial, Victorian
  • Sewer: Public
  • Heating: Hot Water, Steam
  • Stories: 3
  • Basement: ,

Amenities & Features

  • Laundry Features: Common Area, In Basement
  • Flooring: Tile, Wood
  • Utilities: Natural Gas Connected, Cable Connected, Storm Sewer
  • Parking Features: Garage Faces Front, Detached
  • Fireplace Features: Bedroom, Living Room
  • Garage Spaces: 1
  • WaterSource: Public
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Lot Features: Sidewalk
  • Window Features: Window Treatments
  • Patio And Porch Features: Porch(es)
  • Fireplaces Total: 2
  • Cooling: Window Unit(s)

Fees & Taxes

  • Tax Assessed Value: $148,442
  • Tax Year: 2026
  • Tax Annual Amount: $12,041.51

School Information

  • High School District: Ypsilanti

Miscellaneous

  • Road Surface Type: Paved
  • CrossStreet: N. Normal and Washtenaw
  • Listing Terms: Cash, FHA, VA Loan, Conventional

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This style property is located in is currently and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $399,900. It has 8 beds bedrooms, 4 baths bathrooms, and is 2862 sq ft. The property was built in 1909 year.

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