Ypsilanti, MI 48197,408 N Hamilton ST
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Ypsilanti, MI 48197,408 N Hamilton ST
Ypsilanti, MI 48197,408 N Hamilton ST
Ypsilanti, MI 48197,408 N Hamilton ST
Ypsilanti, MI 48197,408 N Hamilton ST
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$ 349,900
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408 N Hamilton ST Ypsilanti, MI 48197

3 Baths

2,800 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 2,800 sqft

Subdivision Norris & Cross Add

MLS Listing ID 20251041154

Style Triplex

Full Baths 3

Year Built 1929

Property Sub-Type MultiFamily

Property Description

Fantastic investment opportunity! This fully occupied triplex generates $39,000 in annual gross rental income with three long-term tenants in place. Tenants pay all utilities except water.
The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit.
Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units.
Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Rooms

Basement Daylight, Finished, Full, WalkOutAccess

Interior

Interior Features HighSpeedInternet

Heating Baseboard, ForcedAir, NaturalGas, WallFurnace

Cooling CeilingFans

Laundry CommonArea, LaundryRoom

Exterior

Exterior Feature Lighting

Parking Features Garage, SharedDriveway

Fence FencingAllowed

Pool None

Community Features Sidewalks

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

Schools

School District Ypsilanti

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Eric Miller of RE/MAX Complete
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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408 N Hamilton ST