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519 N Harris Rd
Ypsilanti, MI 48198
Mabro Manor · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Thirteen-unit apartment complex with 11 one-bedroom and 2 two-bedroom layouts.
- Ample on-site parking with 20 designated spaces for tenants and guests.
- Immediate access to I-94 and US-23 for convenient regional connectivity.
- All-brick construction with stick-frame structure and pitched shingle roof.
- Just 2 miles from Eastern Michigan University and near major shopping areas.
- Includes on-site laundry facilities and extra storage areas.
Executive Summary
his multifamily property offers a solid investment opportunity in Ypsilanti, Michigan, with a total building size of 8,711 square feet and 13 residential units. The building comprises eleven one-bedroom units and two two-bedroom units, providing consistent rental demand and flexibility for prospective tenants. Constructed with a brick exterior and stick-frame system, the property includes 20 on-site parking spaces, standard utilities, and convenient on-site laundry and storage facilities.
Located near Downtown Ypsilanti, the property benefits from strong connectivity to the surrounding region. Positioned just 2 miles from Eastern Michigan University and 1 mile from I-94, it ensures easy access for both students and commuters. US-23 is only 4 miles away, creating seamless travel north and south. This well-situated asset offers proximity to shopping, dining, and services, reinforcing its long-term rental appeal. Perfect for investors seeking stable returns with value-add potential in a growing Southeast Michigan market.
Located near Downtown Ypsilanti, the property benefits from strong connectivity to the surrounding region. Positioned just 2 miles from Eastern Michigan University and 1 mile from I-94, it ensures easy access for both students and commuters. US-23 is only 4 miles away, creating seamless travel north and south. This well-situated asset offers proximity to shopping, dining, and services, reinforcing its long-term rental appeal. Perfect for investors seeking stable returns with value-add potential in a growing Southeast Michigan market.
Property Facts
| Price Per Unit | $96,154 | Lot Size | 0.72 AC |
| Sale Type | Investment | Building Size | 8,711 SF |
| No. Units | 13 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | Parking Ratio | 1.5/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R-5 - One Family Residential | ||
| Price Per Unit | $96,154 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.72 AC |
| Building Size | 8,711 SF |
| Average Occupancy | 91% |
| No. Stories | 1 |
| Year Built | 1964 |
| Parking Ratio | 1.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-5 - One Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | 600 |
| 2+1 | 2 | - | 600 |
Property Taxes
| Parcel Number | 11-03-483-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $357,200 |
Property Taxes
Parcel Number
11-03-483-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$357,200
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