1436 E Michigan Avenue

    Ypsilanti Twp, MI 48198
    • $133,500
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: 218058316
    UPDATED: 62 min ago
    $133,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,600
      SQFT
    • $51
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Zoning: Commercial
    Lot Size Dimensions: 51.10X274.12X53.47X2

    School Ratings & Info

    School District:

    Description

    BUILDING WITH PAYING TENANTS.......2 BUILDINGS THAT ARE CURRENTLY BEING RENTED, THE FIRST IS A BARBER SHOP WITH A REMODELED BATHROOM WITH A DOUBLE SINK AND CUSTOM CABINETS AND A BASEMENT AND CURRENTLY BEING LEASED FOR $620 A MONTH, THE SECOND IS A BUILDING CURRENTLY BEING LEASED TO A CHURCH BEING LEASED WITH NEW FRONT FLOORS AND CARPET FOR $950 A MONTH, TENANTS ARE UP TO DATE WITH RENT AND SELLER HAS NO PROBLEMS WITH THEM. THE BARBER SHOP HAS TENANTS WITH A 10 YEAR CONTRACT AND THE CHURCH HAS A 5 YEAR CONTRACT THAT MUST BE HONORED BY NEW OWNER(S). BOTH BUILDINGS ARE ON THE SAME TAX RECORD AND CAN'T BE SEPARATED. TENANTS ARE RESPONSIBLE FOR THE WATER BILL AND FOR PICKING UP THEIR OWN TRASH. FRONT TENANT IS RESPONSIBLE FOR THE LAWN AND IS REFLECTED IN THE RENT

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-09-24T15:00:24.123.
    www.detroitmetrorealestate.com/homes/85017128

    1436 E Michigan Avenue Ypsilanti Twp, MI 48198

    • Price: $133,500
    • Status: Active
    • Updated: 62 min ago
    • ID#: 218058316
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,600
    SQFT
    $51
    $/SQFT
    1960
    Built
    Neighborhood:
    Ypsilanti Twp
    County:
    Washtenaw
    Area:
    Ypsilanti Twp
    School District:
    YPSILANTI
    Property Description
    BUILDING WITH PAYING TENANTS.......2 BUILDINGS THAT ARE CURRENTLY BEING RENTED, THE FIRST IS A BARBER SHOP WITH A REMODELED BATHROOM WITH A DOUBLE SINK AND CUSTOM CABINETS AND A BASEMENT AND CURRENTLY BEING LEASED FOR $620 A MONTH, THE SECOND IS A BUILDING CURRENTLY BEING LEASED TO A CHURCH BEING LEASED WITH NEW FRONT FLOORS AND CARPET FOR $950 A MONTH, TENANTS ARE UP TO DATE WITH RENT AND SELLER HAS NO PROBLEMS WITH THEM. THE BARBER SHOP HAS TENANTS WITH A 10 YEAR CONTRACT AND THE CHURCH HAS A 5 YEAR CONTRACT THAT MUST BE HONORED BY NEW OWNER(S). BOTH BUILDINGS ARE ON THE SAME TAX RECORD AND CAN'T BE SEPARATED. TENANTS ARE RESPONSIBLE FOR THE WATER BILL AND FOR PICKING UP THEIR OWN TRASH. FRONT TENANT IS RESPONSIBLE FOR THE LAWN AND IS REFLECTED IN THE RENT
    Exterior Features

    Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Foundation Materials Poured Lot Size Dimensions 51.10X274.12X53.47X2 Road Frontage Feet 40 Road Frontage Type PavedPrivatePub. Sidewalk Waterfront YN No

    Interior Features

    Heating Cooling Central AirForced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 0 Sq Ft Office 924 Sq Ft Source 0

    Property Features

    Commercial Type Commercial Current Use Beauty Salon Encroachment YN No Gross Scheduled Income 18840.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 0 Net Operating Income 14040.00 Operating Expense 4800.00 Ownership Status Private OwnedShort Sale - No Possession Neg Postal City Ypsilanti Protection Period 90 Days Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 3668.0000 Tax Amount Winter 1140.0000 Title Private - Owned Total Tax 4808.0000 Unparsed Address 1436 E MICHIGAN AVE Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Castelli and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-09-24T15:00:24.123.
     
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