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Sold
  • $425,000

    114 W Michigan Ave, Ypsilanti, MI 48197

    2beds
    2baths
    --sqft
    2 to 4 Units
    Built in 1860
    -- sqft lot
    $403,200 Zestimate®
    $--/sqft
    $1,624 Estimated rent

    Home value

    $403,200

    $371,000 - $431,000

    $1,624/mo

    Zestimate® history
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    $1,624/mo

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    $2,876/mo

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    $2,876/mo

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    What's special

    Store frontBack entranceRetail frontHigh ceilingsTall windowsExposed brick
    Absolute gem of an investment with 3 (fully leased) investment properties packed into 1 beautiful building! Great location, retail front, with1,854 sq. ft. of space. The store front has a large showroom, kitchen, office, back entrance, laundry and full-length Michigan basement. On the second floor, 2 beautiful apartment units available. Both full of personality from the exposed brick and high ceilings to little artsy touches and heaps of sunshine pouring in from the tall windows overlooking downtown's Michigan Avenue. Unbeatable location downtown. Not to mention, it's close to the AATA bus line, EMU main campus, 5-minute drive to St. Joseph hospital, 10-minute drive to Ann Arbor/UofM campus and easy access to all Expressways. *Neighboring building possibly available for sale as well!

    Zillow last checked:

    Listing updated:

    Listed by:

    Larry Gotcher 734-732-3789,

    Resource Realty Group

    Bought with:

    Larry Gotcher, 6502431234

    Resource Realty Group

    Source: MichRIC,MLS#: 24029489MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Michigan Basement

    Property

    Lot
    • Size: 1,742 Square Feet
    • Dimensions: 20 x 86
    Details
    • Parcel number: 111140485018

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 to 4 Units
    Materials
    • Block
    Condition
    • New construction: No
    • Year built: 1860

    Utilities & green energy

    • Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected

    Community & HOA

    Location
    • Region: Ypsilanti

    Financial & listing details

    • Tax assessed value: $97,613
    • Annual tax amount: $7,835
    • Date on market: 6/11/2024
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity, Gas
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/20/2024Sold$425,000-5.5%
    Source: MichRIC #24029489 Report a problem
    8/12/2024Pending sale$449,900
    Source: MichRIC #24029489 Report a problem
    7/8/2024Price change$449,900-10%
    Source: MichRIC #24029489 Report a problem
    6/11/2024Listed for sale$499,900+58.7%
    Source: MichRIC #24029489 Report a problem
    2/15/2018Sold$315,000+21.2%
    Source: Agent Provided Report a problem
    12/2/2016Listing removed$259,900
    Source: Real Estate One #3237786 Report a problem
    3/19/2016Listed for sale$259,900
    Source: Real Estate One #3237786 Report a problem
    2/29/2016Pending sale$259,900
    Source: Real Estate One #3237786 Report a problem
    2/18/2016Listed for sale$259,900
    Source: Real Estate One #3237786 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- --
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $403,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $403,200