427 Ballard Street

Ypsilanti, MI 48197
Square Ft.
3,282
$430,000
Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes.A;The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on eachRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX Home Sale Services, (734) 459-7646.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multifamily
Square Ft.
3,282
Lot Size
0.26 Acres
Year Built
1894
MLS Number
20261015106
30 Days Snapshot Of 48197
$239k
-13%
(avg) sold price
23
-30%
homes sold
65
-18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Finished, Basement?: 1
Building
14 total units, 14 leased units, 14 one-bedroom units, Built in 1894, Architectural style: Early American, Aluminum, Vinyl, 3,282 total square feet, 4,473 combined square feet, 1,191 lower floor square feet, 1,191 total basement square feet, Unit count: 14
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Public (Municipal)
Heating
Baseboard, Forced Air, Natural Gas
Lot
Lot size area: 0.26, Lot size dimensions: 76x151
Miscellaneous
Gross scheduled income: $58,800, Income projection: Actual, Monthly rental income: $4,900, Net operating income: $30,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,355, Tax amount (winter): $332
Sewer
Sewer (Sewer-Sanitary)
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Ali Berry
Broker/Owner
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IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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