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$215,000

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
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Welcome to this hot investment opportunity! Presenting a well-maintained and income-generating duplex with one tenant already in place. The second unit could be owner occupied or rented out for additional income opportunities. This property promises not only a comfortable and convenient living arrangement for occupants but also instant and consistent cash flow, making it an ideal turnkey investment for those looking to maximize returns from day one. Nestled in a sought-after neighborhood, this duplex is strategically located. Whether you're a seasoned investor or a first-time buyer, this property offers a range of possibilities to suit your goals. Don't miss out on this rare opportunity to own a duplex with a proven track record of rental success.

Full Property Details for 545 N Ivanhoe Ave

General

  • Sold For: $215,000
  • Taxes: $3,376
  • Status: Closed
  • Type: Multi-Family
  • Source: SWMRIC_MLS
  • MLS ID: 23144289
  • Added to Site: 807 day(s) ago

Interior

  • Number of Fireplaces: 1

Parking

  • Total Spaces: 4

Location

  • Area: Ann Arbor/Washtenaw - A
  • County: Washtenaw
  • Cross Streets: Oak St
  • Driving Directions: N Prospect Rd. Drive to N Ivanhoe Ave in Ypsilanti Charter Township

Heating & Cooling

  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Cable Available: Yes
  • Utility Description: Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Natural Gas Connected, Electric Connected

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement: Yes
  • Roof: Composition
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068

Financial Considerations

  • Tax Amount: $3,376.77
  • Terms: Cash, Conventional
  • Landlord Pays: None
  • Tenant Pays: Electricity, Water, Sewer, Gas

Disclosures and Reports

  • Documents Avail.: Seller's Disclosure, Lead-Based Paint
  • Legal Description: YP# 99-23 LOTS 23 & 24 INCL. TOWNSEND'S SUBDIVISION. ( 545 & 547 IVANHOE N )
  • Property ID: K-11-03-480-010

Listed by Keller Williams Ann Arbor, Erin N Galinac
Sold by Resource Realty Group, Jacob Sandoval

Listing agent

— 545 N Ivanhoe Ave —

  • Erin N Galinac

    Keller Williams Ann Arbor

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 545 N Ivanhoe Ave

School District:Ypsilanti Community Schools
NameGradesDistance
Holmes Elementary Learning Center
1255 Holmes Road, Ypsilanti, MI 48198
2-50.5 mi
Ypsilanti Community Middle School
510 Emerick Street, Ypsilanti, MI 48198
6-81.1 mi
Ford Early Learning Center
2440 E Clark Rd, Ypsilanti, MI 48198
PK-11.4 mi
AC Tech High School
2095 Packard Street, Ypsilanti, MI 48197
9-123 mi
Erickson Elementary
1427 Levona Street, Ypsilanti, MI 48198
1-51.6 mi
Perry Early Learning Center
550 Perry Avenue, Ypsilanti, MI 48197
PK-12 mi
Estabrook School
1555 West Cross Street, Ypsilanti, MI 48197
2-52.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 545 N Ivanhoe Ave

Date
Details
Price
Change
Source
1/17/2024
Sold
$215,000
-6.52%
MLS
12/08/2023
Listed
$230,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Ann Arbor, Erin N Galinac
Sold by Resource Realty Group, Jacob Sandoval

545 N Ivanhoe Avenue, Ypsilanti, MI 48198 (MLS# 23144289) is a Multi-Family property that was sold at $215,000 on January 17, 2024. Want to learn more about 545 N Ivanhoe Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ypsilanti? You can browse all Ypsilanti real estate or contact a Coldwell Banker agent to request more information.