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$449,900
31 Days Online

1575 Ridge Road
Ypsilanti, MI48198

For Sale|Multi-Family|Active Under Contract
County:
Washtenaw
Listing courtesy of Aleksandr Milshteyn of Coldwell Banker Realty Ann Arbor

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248-790-5594
1575 Ridge Road1575 Ridge Road1575 Ridge Road1575 Ridge Road
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Turn-key investment property with four units just minutes from Depot Town, EMU, and area hospitals! Situated on over an acre of land, this property consists of a triplex (1575 Ridge), a detached ranch home (1583 Ridge), and a detached 3-car garage with additional parking. All four units are fully rented (see attachments for dates and rates) with total monthly rental income of $5, 000, but you could also choose to live in one unit yourself and rent out the other three! Each unit offers private entry, a private porch, a full bathroom, a full kitchen, and its own utility meters. The triplex has two 1-bedroom units and a 2-bedroom unit, while 1583 Ridge has two bedrooms. Recent updates include both roofs, furnaces and water heaters in 1575, and a new boiler in 1583. Incredible opportunity to start or grow your investment portfolio, or have your mortgage paid for while you live rent-free! 72-hour notice required for all showings, no exceptions.

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Listing Snapshot
Price 
$449,900
Days Online 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.2 Acres
Year Built 
1910
MLS® Number 
24014585
Status 
Active Under Contract
Property Tax 
$9,156
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active Under Contract
a month agoListing first seen online
General Features
Construction 
Vinyl Siding
Parking 
DrivewayGravel
Parking Spaces 
8
Basement 
Crawl SpaceMichigan Basement
Acreage 
1.2
Zoning 
A-2
Cross Street 
Geddes and Ridge
Property Sub Type 
Multi Family
Attached Garage 
No
Utilities 
Natural Gas Connected
Interior Features
Cooling 
Window Unit(s)
Heating 
Forced AirBaseboardElectricNatural Gas
Fireplaces 
2
Fireplace 
Yes
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Exterior Features
Waterfront Property 
No
Community Features
MLS Area 
Ann Arbor/Washtenaw - A
Schools
School District
Willow Run
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Aleksandr Milshteyn of Coldwell Banker Realty Ann Arbor



Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, MichRIC MLS.
Data last updated at: 2024-04-28 11:10 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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