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217 N Normal St

Ypsilanti MI 48197

4
3325 sq. ft.
0.24 ac.
Multi-Family
Currently for sale - view listing

Overview

Excellent investment opportunity close to downtown Ypsilanti and just steps from Eastern Michigan University! This spacious 1909 home offers a versatile layout with multiple rental configurations and a long history as student housing. Currently configured as three units, the property features approximately 8 bedrooms, 4 full bathrooms, and 4 kitchens, offering flexibility for investors and owner-occupants alike. The main house has most recently been leased as a single residence, with the basement studio apartment rented separately. Previous rental income totaled $4,700 per month. Additional features include separate electric meters, shared basement laundry, ample off-street parking, and generous storage space. The property offers convenient access to EMU, downtown Ypsilanti, shopping, dining, and public transportation. Whether you're looking to expand your investment portfolio or explore an owner-occupied investment opportunity, this distinctive property offers plenty of possibilities!

Features

4 bathrooms
3325 sq. ft. floor area
0.24 ac. lot size
Multi-Family

Property history for 217 N Normal St

2019
Sold
$332,000
17 May 2019 by Larry Gotcher, of Resource Realty Group
2019
Sold
$332,000
17 May 2019 by Larry Gotcher, of CENTURY 21 CIRCLE

Happy sellers in Ypsilanti

56%
56% of sellers in Ypsilanti reported that their sale price either exceeded or met their price expectations.

Ypsilanti stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Ypsilanti over the last 12 months.

Local market activity for multi families in Ypsilanti

In the last 12 months, 18 multi families similar to 217 N Normal St, have been sold.

This represents a 6% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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