MLS # 20261039787 (Realcomp)

Investor special in a desirable area of Ypsilanti! This spacious 4-bedroom, 3-bath cinder block home was previously configured as a 2-unit property, offering excellent potential for a renovation, rental investment, or possible conversion back to multifamily use (subject to local approvals). The property features generous living space, a cellar area for additional storage, and sits on a strong block with solid surrounding homes.The home will require a full rehabilitation and presents an opportunity for experienced investors to add significant value. Electrical and plumbing systems are in need of updates, and several rear windows would benefit from replacement, though many windows throughout the home remain in serviceable condition. Bring your vision and unlock the potential of this large property in a sought-after Ypsilanti location. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to a purchase agreement with the seller.Closing will be conducted via contract assignment or double closing, with preference given to assignment. Seller to provide marketable title at closing. Title commitment available. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including transfer taxes, title insurance, closing fees. Sold AS IS - Buyer to verify all information listed. Room dimensions are just estimates.
Source: SparkMLS
4-bedroom, 3-bath, 1,592 sq ft home in Ypsilanti in Ypsilanti built in 1939.
Currently offered at $85,000 (about $53/sq ft).
Annual property taxes run approximately $3,043 ($254/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: SparkMLS
Legal Description
*OLD SID - 11 11-010-236-00 YP CITY 1-W214 WLY 50'-ELY 100'-SLY 122' OFLD. LYING AT NW COR ORCHARD & SHORT STS., OR LOT 114. WORDEN GARDENS UNRECORDED.
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by TJ Brisbois
Wise Property Buyers
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
828 Short Street, Ypsilanti, MI 48197
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Municipality
Ypsilanti
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County
Washtenaw County
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