111 N. Normal St., Ypsilanti, MI 48197 US Ann Arbor, Saline,Dexter, Chelsea, Milan,Washtenaw, Wayne, Livingston Home

Great Income Property Investment in Ypsilanti - Ann Arbor Area

Historic 6 apartment home near Eastern Michigan University.  This Home is full of character and history.  It is know as the Austin George home built in 1863 and later expanded in 1893.  Austin George was the first president of the Normal College which later became Eastern Michigan University.  The home was in the George family until 1957 and has only had 4 owners.   It features all natural woodwork and hardwood flooring, balconies, fireplaces and lots of character that make this property popular with any prospective tenant.  Half of the tenants have lived in the home for an average of 10 years.  

Contact the Listing Agent to get on the first to show list to view prior to this listing going live/active status in the MLS.  Click link below the "Receive More Information" banner below for Op Statement and Rent Roll

• Hardwood Flooring
• Outbuilding 2 car garage
• Landlord pays Heat and Water
• Tenant pays Electric
• High 9% cap rate -
• Get Op statement & Rent Roll using the "More Info" link below
• Lots of character and charm
• Gas Fired Steam boiler Heating system
• Each Unit has built in cabinets, ironing boards and spice shelves
• Updated Rubber Roof
• 9 parking spaces including Garage
• Each unit has a basement Storage Locker
• Coin Op Laundry Area in Basement
• Each unit has a porch or own Balcony

Hurry, this one will not last long.  Call Tom Stachler to get on the first to view list prior to this listing going public in a few weeks in the MLS.  Call 734-996-0000