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About This Home
This 8-bedroom, 0-bathroom residential multi family at 217 N Normal Street in Ypsilanti, MI is listed for $399,900. Built in 1909, on a 0.24 acres lot.
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.
Key Features
- Built in 1909
- 0.24 acre lot
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,139/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
217 N Normal Street
Ypsilanti, MI 48197
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 217 N Normal Street is listed at $399,900. The estimated monthly payment is $1,733 based on 20% down at 6.5% interest.
Key features include: Built in 1909, 0.24 acre lot, 6 parking spaces.
This property is listed by Aleksandr Milshteyn and can be reached at 7344173560 or alex@alexmi.com.
