This 6-bedroom, 0-bathroom residential multi family at 125 N Summit Street in Ypsilanti, MI is listed for $319,000. Built in 1864, on a 0.23 acres lot.
Key Features
Built in 1864
0.23 acre lot
7 parking spaces
Property Details
3 full
7 spaces
1864
Listing Description
Updated three unit income property within a short walk to campus that includes a garage! No seller financing. Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. Total rent for the 2026-27 school year is $38,820. There is ample off street parking. Tenants pay gas, electric, water/sewer. C of O expires 11/01/2026.
Monthly Cost Estimate
$1,706/mo
20% down · 6.5% · 30 years
Principal$231
Interest$1,382
Insurance$93
Estimates only. Actual payments may vary.
Location
125 N Summit Street
Ypsilanti, MI 48197
Property Details
Construction
Vinyl Siding
Heating
Forced Air
Questions & Answers
This 6-bedroom, 0-bathroom residential multi family at 125 N Summit Street is listed at $319,000. The estimated monthly payment is $1,706 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1864, 0.23 acre lot, 7 parking spaces.
