Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
Ypsilanti, MI 48197,408 N Hamilton Street
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Shannon Bagdonas

Shannon Bagdonas

+1(313) 766-8387
$ 348,900
Est. payment | /mo

3 Baths

2,250 SqFt

Save
$ 348,900
Est. payment | /mo
Save

3 Baths

2,250 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $155

Subdivision Mi

MLS Listing ID 60941363

Style 2 Story

Full Baths 3

Year Built 1929

Annual Tax Amount $11,352

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 36x165

Property Sub-Type Multi-Family

Property Description

Fantastic investment opportunity! This fully occupied triplex generates $40,680 in annual gross rental income with three long-term tenants in place. 2 of the tenants have been in the house for over 15 years and the other tenant has occupied the upstairs for over 5. Tenants pay all utilities. 2 units just renewed for another 12months to February 2027! The third unit plans on renewing their lease in April 2026 for an additional 12 months. The main floor unit offers 3 bedrooms, 1 full bath, a spacious kitchen, hardwood floors, and a bright sunroom, heated with a forced-air furnace. The upper unit features 2 bedrooms, 1 bath, and a large living room, heated by a boiler system. The basement unit includes 1 bedroom, 1 full bath, and a full kitchen, with heat provided by a wall unit. Each unit has separate electrical meters and individual hot water tanks. Additional features include a detached garage for storage, a shared basement laundry room, and a shared driveway with ample parking for all three units. Located within walking distance to Eastern Michigan University, this property combines stable income, strong rental demand, and a highly desirable location.

Location

State MI

County Washtenaw

Area Ypsilanti (81033)

Rooms

Basement Block, Egress/Daylight Windows, Finished

Interior

Interior Features DSL Available

Heating Baseboard, Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Exterior Feature Wood

Amenities Available Laundry Facility

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Wood

Schools

School District Ypsilanti Public School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RE/MAX Complete

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 12
  • 8

    Washtenaw International Middle Academy

    Public | 5 - 8

  • 6

    Fortis Academy

    Public | PK - 8

  • 5

    New Beginnings Academy

    Public | PK - 6

  • 3

    Estabrook Elementary School

    Public | 2 - 5

  • 3

    Erickson Elementary School

    Public | 1 - 5

  • 3

    Holmes Elementary School

    Public | 2 - 5

  • 0

    Adventure Center

    Private | PK - KG

  • 0

    Perry Early Learning Center

    Public | PK - 1

  • 0

    Beatty Early Learning Center

    Public | PK - KG

  • 0

    Adams STEM Academy

    Public | KG - 6

  • 0

    Huron Valley Catholic School

    Private | PK - 8

  • 0

    Forest School

    Public | 2 - 12

Middle Schools 1
  • 1

    Ypsilanti Community Middle School

    Public | 6 - 8

High Schools 8
  • 9

    Early College Alliance

    Public | 9 - 12

  • 9

    Washtenaw International High School

    Public | 9 - 12

  • 5

    W-a-y Washtenaw

    Public | 9 - 12

  • 4

    Stemm Academy

    Public | 9 - 12

  • 3

    Ypsilanti New Tech High School

    Public | 9 - 12

  • 2

    Ypsilanti Community High School

    Public | 9 - 12

  • 0

    Wsc Academy - Ypsilanti Campus

    Public | 9 - 12

  • 0

    W-a-y Home Washtenaw

    Public | 9 - 12

School and business data provided by Attom Data.
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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408 N Hamilton Street