1236 Holmes Road, Ypsilanti MI 48198

Pending

$865,000

1236 Holmes Road, Ypsilanti, MI 48198

bedrooms

bathrooms

square feet

Acreage

0.58

Open Houses

year built

1968

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Washtenaw
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 25005632

Listing agent: Aleksandr Milshteyn

Listing broker: Real Estate One (248) 304-6700

Copyright © 2025 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, March 6 2025 at 2:16 p.m. EST

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