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$490,000
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Property Description
Investors do not miss this tremendous value. Located just across the street from Eastern Michigan University. This prime 6 unit apartment building generates over $72,000 of gross rental income with $12,200 of expenses. Current insurance $3400 a year. Separate electric for each unit. Seller pays gas, water and waste management totaling $8,800 a year. Seller has invested over $80,000 dollars in upgrades over the last 12 months including roof and unit updates. Zero vacancy rate over the years. Step right into a generous positive cashflow with this outstanding investment.
Full Property Details
Full Property Details for 917 W Cross St
General
- Sold For: $490,000
- Taxes: $8,700
- Status: Closed
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25038754
- Added to Site: 216 day(s) ago
Parking
- Total Spaces: 8
- Parking Features: Concrete, Driveway
Location
- Area: Ann Arbor/Washtenaw - A
- County: Washtenaw
- Subdivision: Normal Park
- Cross Streets: Washtenaw and Summit
- Driving Directions: W Cross Street right before the tower apartments building.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Cable Available: Yes
- Utility Description: Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected, Storm Sewer
Structural Information
- # Buildings: 6
- Construction: Aluminum Siding
- Basement: Yes
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Frontage: Paved
- Zoning: CN
Financial Considerations
- Tax Amount: $8,700
- Terms: Cash, Conventional
- Landlord Pays: Water, Gas
- Tenant Pays: Electricity
Disclosures and Reports
- Legal Description: *OLD SID - 11 11-820-205-00 YP CITY 56W-5 LOT 5 AND E 15 FT OF LOT 6, BLK 2 WESTLAWN ADDITION.
- Property ID: 11-11-40-134-002
Listed by The Charles Reinhart Company, Richard Mattie
Sold by Smarte Realty, Alec Applebaum
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Schools
Schools serving 917 W Cross St
School District:Ypsilanti Community Schools
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 917 W Cross St
Date
Details
Price
Change
Source
10/31/2025
Sold
$490,000
-1.98%
MLS
8/03/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
917 W Cross Street, Ypsilanti, MI 48197 (MLS# 25038754) is a Single Family property that was sold at $490,000 on October 31, 2025. Want to learn more about 917 W Cross Street? Do you have questions about finding other Single Family real estate for sale in Ypsilanti? You can browse all Ypsilanti real estate or contact a Coldwell Banker agent to request more information.
