4 Unit Income Property - Looking for New Owners
WATCH VIDEO BELOW: Welcome to the Castle! This unique property was constructed in the 1920's as a duplex with 2 - two bedroom units having attached garages by the Holmes family. Later the garages were converted to one bedroom units. This is a wonderful investment opportunity to own a 4 unit apartment building consisting of two 2Bedroom and two 1Bedroom rental units that are never vacant and have some long term tenants with individual living spaces up to 1350 sq ft each. Property could use a rental rate increase and offers large sprawling grounds, tenant garden plot and extra vacant lot. Residents have access to the basement shop, mechanical and laundry space underneath, often via their own door and staircase. Additional features listed below. Included Vacant lot available for separate Sale on south side of the property.
Located within easy reach of I-94 and across the street from the Ypsilanti Township Library and acres of township nature area. Click here to view the performa / op statement and aerials and then give us a call to setup a showing appointment or answer any additional questions.
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Tom Stachler is a state of Michigan Licensed broker working in and around the Ann Arbor real estate for sale markets offering fine homes, condo, commercial and income property for sale. Please reach out to us to assist in your transition needs.
Property information deemed reliable but not guaranteed and should be verified.