111 N Normal St

111 N Normal St, Ypsilanti, MI 48197

Overview

Price:$625,000
Number of Units:6
Building Size:5,876 SF
Property Type:Multifamily
Year Built:1844

Highlights

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

Description

6-unit Apartment Complex consisted of (3) x 2-bedrooms & (3) x 1-bedrooms. Located along the west side of N. Normal Street, one block south of Washtenaw Avenue and Eastern Michigan University. It is a 6-unit, three -story, multi-family walk-up property situated on a 0.33-acre site. The improvements were constructed in 1844 and have been adequately maintained over the years. The property is currently 100% leased.

Location

ocated on the West side of N Normal Street, to the South of Washtenaw Ave.

Contact Broker

Joseph Evangelista
Associate
Thomas Duke Company

Cell313.580.5315
Office248.479.0128 x1138

James Porth
Partner
Thomas Duke Company

Office248.760.5805

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