221 N Normal Street
Ypsilanti, MI 48197

Listing Price:
$350,000
Sold For:
$368,750
Sold Date:
Dec 13, 2019
221 N Normal Street Ypsilanti, MI 48197

6,048

Square Feet
Estimate Finished Square Feet
6,048 Sq Ft Above Ground
Outstanding investment opportunity near Eastern Michigan University Campus. 6 units total - Four 3-bedroom/ 1 bath units ($945, $945, $950, $945), and Two 2-bedroom/ 1 bath units ($775, $800). Tenants pay cable and electric, owner provides heat and water. Ample on-site parking. Low maintenance building, including newer roof (6 or 7 years) and water heaters (less than 5 years). Prime location just a 2 blocks from EMU campus, Cross St businesses, Depot Town and Downtown Ypsilanti.
Details

Type

  • Income Property

Year Built

  • 1988

MLS#

  • 3269335

Lot Size

  • 0.37

Number Of Kitchens

  • 6

Laundry

  • Yes
  • In Unit

Number of Units

  • 6

Lot Size

  • 16,117 sq ft

Road Type

  • Public

Taxable Value

  • $10,473

State Equalized Value

  • $137,300

Community

Community - Ypsilanti Area

Ypsilanti, and adjacent Ypsilanti Township, with a combined population of about 74,000, are located on Ann Arbor's eastern border.  Many of Ypsilanti's residents work at the businesses and industries located in Ypsilanti; others work in Ann Arbor and surrounding communities, or eastward in the greater Detroit area.


View Ypsilanti Neighborhood Videos

 

Starting in the 1920's, Ypsilanti began to play a role in the development of the automobile, and auto production continues to be an important part of Ypsilanti's economy today.  Ypsilanti really hit the map during World War II, when Henry Ford's Willow Run B-24 bomber plant became the first to produce the planes on an assembly line, turning out one bomber roughly every hour.  The Yankee Air Museum and its annual Thunder over Michigan air show at the Willow Run Airport are popular destinations recounting the history of that time.
 

Ypsilanti is home to Eastern Michigan University, founded in 1849 as Michigan State Normal School; EMU now enrolls about 24,000 undergraduate and graduate students.  With 12 parks in the city, and another 30 in the township, recreational opportunities are many.  A number of the parks flank the Huron River or Ford Lake, offering access to a variety of water sports.  Throughout the year, a number of special events dot the calendar; among the most popular are the Elvisfest and the Ypsilanti Heritage Festival.
 

Many housing styles and ages are found in the Ypsilanti area, from stately Italianate and Queen Anne examples to newly built neighborhoods.