615 Pearl St, Ypsilanti, MI 48197

$549,000

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List Price
$549,000
MLS#
81026042175
Status
ACTIVE

Property Description

Popular 7 unit campus property with great parking. Unit 1- 1 bedroom 1 bath $855/month includes $60 for water and gas. Leased until 8/17/27. Unit 2- 1 bedroom 1 bath $765/month includes $50 for water and gas. Leased until 8/1/27. Unit 3 - 1 bedroom 1 bath $845/month includes $50 for water and gas. Leased until 8/14/27. Unit 4- 1 bedroom 1 bath $790/month includes $50 for water and gas and $25 pet fee. Leased until 8/2/27. Unit 5 - 2 bedroom 1 bath $1,125/month includes $50 for water and gas and $30 pet fee. Leased until 8/11/27. Unit 6 - 2 bedroom 1 bath $995/month includes $50 for water and gas. Leased until 8/21/27. Unit 7 - 2 bedroom 1 bath $1,055/month includes $50 for water and gas. Leased Until 8/1/27. Rent $6340/month. Gross rent is $77,160 for the 2026-27 school year. Boiler replaced in 2024. Roof and windows were replaced in 2022. C of O expires 11/01/2028.

Additional Information

Year Built
1880
Basement Type
Full
Acres
0.30
Acres
0.30
School District
Ypsilanti
Heating
Hot Water, Natural Gas
Garage Description
Aggregate

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Courtesy of The Charles Reinhart Company 7349716070