MLS® ID: 461651272

1436 E Michigan Ave

Ypsilanti, Michigan, 48198

$128,000 Active
  • 2600 SQFT
BUILDING WITH PAYING TENANTS.......2 BUILDINGS THAT ARE CURRENTLY BEING RENTED, THE FIRST IS A BARBER SHOP WITH A REMODELED BATHROOM WITH A DOUBLE SINK AND CUSTOM CABINETS AND A BASEMENT AND CURRENTLY BEING LEASED FOR $620 A MONTH, THE SECOND IS A BUILDING CURRENTLY BEING LEASED TO A CHURCH BEING LEASED WITH NEW FRONT FLOORS AND CARPET FOR $950 A MONTH, TENANTS ARE UP TO DATE WITH RENT AND SELLER HAS NO PROBLEMS WITH THEM. THE BARBER SHOP HAS TENANTS WITH A 10 YEAR CONTRACT AND THE CHURCH HAS A 5 YEAR CONTRACT THAT MUST BE HONORED BY NEW OWNER(S). BOTH BUILDINGS ARE ON THE SAME TAX RECORD AND CAN'T BE SEPARATED. TENANTS ARE RESPONSIBLE FOR THE WATER BILL AND FOR PICKING UP THEIR OWN TRASH. FRONT TENANT IS RESPONSIBLE FOR THE LAWN AND IS REFLECTED IN THE RENT
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Listing courtesy of Century 21 Premier

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    48198
  • Office name
    Century 21 Premier
  • SQFT
    2600
  • Bedrooms
    0
  • Property type
    Commercial
  • Zoning type
    Commercial
  • Year built
    1960
  • Lot size
    0.00
  • Heating
    Forced Air,Gas
  • Tax year
    0
  • Agent name
    DarleneLewis
  • Purchase Type
    Active
  • Price Range
    $100k-$200k
  • Square Feet Range
    2500-3000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    R386701

Location

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