MI > Ypsilanti
Ypsilanti, MI 48198,1236 Holmes Road
See all 22 photos
Ypsilanti, MI 48198,1236 Holmes Road
Ypsilanti, MI 48198,1236 Holmes Road
Ypsilanti, MI 48198,1236 Holmes Road
Ypsilanti, MI 48198,1236 Holmes Road
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
24
Feb
Tue
25
Feb
Wed
26
Feb
Mark Brace

Mark Brace

+1(616) 447-7025
$ 865,000
Est. payment /mo
Save
New

1236 Holmes Road Ypsilanti, MI 48198

0.58 Acres Lot

UPDATED:

02/18/2025 09:44 PM

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti Twp

MLS Listing ID 25005632

Year Built 1968

Annual Tax Amount $12,131

Tax Year 2025

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 99 x 256.58

Property Sub-Type 5+ Units

Property Description

Fantastic opportunity to expand your investment portfolio with this fully rented 7-unit apartment building with great proximity to Depot Town and EMU! This well-maintained building is set back from the road with plenty of parking for tenants and guests. Each unit has 2 bedrooms and 1 full bathroom furnished with refrigerator, range/oven, and wall air conditioner. Landlord pays for dumpster and water (single meter - most tenants charged an additional water fee) while the rest of the utilities are paid by the tenants. Shared coin-operated laundry machines are leased and provide additional income. Gross rents are currently $86,736/year with room to increase - see attachments for rent roll, proforma P&L, and additional information. Since all units are occupied, showings/inspections will only be allowed after an offer is accepted with listing agent present. be allowed after an offer is accepted with listing agent present.

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Direction South Side of Holmes Road Between Bagley Avenue and N. Harris Road

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry Common Area

Exterior

Parking Features Paved

Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Street Surface Paved

Total Parking Spaces 21

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Ypsilanti

Others

Tax ID K-11-03-400-009

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Real Estate One
agent

Mark Brace

Broker Associate | g6506043184

+1(616) 447-7025

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of Brace Homes, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(616) 447-7025 to obtain direct assistance.

Go tour this home

1236 Holmes Road

QUICK SEARCH