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111 N Normal St
Ypsilanti, MI 48197
Multifamily Property For Sale · 6 Units

Investment Highlights

  • 6 Unit Apartment Complex - 100% Occupied, Annual Leases
  • "The Property was Constructed in 1844 and has been adequately maintained over the years" May, 2024 Appraisal Completed by Top USA Nation Wide Appraise
  • Current Tenant Mix: 100% Traditional Renters (non-student).
  • Located in Ypsilanti's Historic Midtown District
  • Exterior Refresh Completed 2024. Additional "Aesthetic" CapEx Improvements Ongoing. Structure Shows in Great Shape due to Proper Ownership Maintenance
  • Being centrally located between Michigan Ave and Washtenaw Ave offers not only a residential buffer but also an excellent logistical advantage.This lo

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 5,876 SF
No. Stories 3
Year Built/Renovated 1844/2024
Parking Ratio 1.49/1,000 SF
Zoning CN - Core Neighborhood

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - -

Property Taxes

Property Taxes

Parcel Number
11-40-164-026
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$310,400
  • Listing ID: 32377781

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 111 N Normal St, Ypsilanti, MI 48197

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