1564 Parkwood Ypsilanti, MI
$ 166,334
Property Attributes
  • ML#543276977
  • TypeMulti-Family
  • CityYpsilanti
  • AreaYpsilanti Twp
  • Zip48198
  • StyleMultifamily
  • Year Built1977
  • Taxes3033
  • Price$ 166,334
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1464
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Real Estate One
Data Source:
Property Description

Package price reduced by $41K. Market rents are $950/ unit, making $68,400 gross annual income potential. Rare opportunity to own this excellent Turn-Key investment portfolio of 6 units. This is being sold as a portfolio of THREE Duplexes, which are all in a row. 1564, 1618, and 1638 Parkwood. ML #s: 3276977, 3276992, and 3277008. Package price is $499,000. Lots of recent renovations. Detailed list available. Fully leased. Positive cash flow from day one. All units come with refrigerator, stove and dishwasher. Good tenants in place. Lets talk!

Price History
10/16/2020 Listed $180,000
3/3/2021 8% - $166,334

General Features

Cumulative Days on Market 171
Listing Agent Public Id 540000325274
Operating Expense 600.00
Originating MLS Ann Arbor Area Board of REALTORS®
Ownership Status Private Owned
Parcel Number K1111326001
Property Type Multifamily
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 1464
Transaction Type Sale
Year Built 1977

Interior Features

Total Baths 0.00
Total Units 2

Exterior Features

Foundation Slab
Lot Size Area 0.16
Parking Total 4


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via eXp Realty in Michigan and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.

Data is updated as of April 11, 2021 2:18 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48198

AVG $210K
AVG $3,892
AVG 35
Year Built
AVG 1953
AVG 43
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.