308 PERRIN Street $359,000


    308 PERRIN Street Ypsilanti, MI 48197

    • 5,746 sq.ft.
    • 0.08 Acres
    • Commercial
    MLS# 218112416 | Active


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    Days On Market: 61 2 Views
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    Property Details

    Excellent investment opportunity on this recently renovated multi-use building for sale. Doing amazing sales. Located in the downtown Eastern Michigan University campus. Eastern Michigan University has an enrollment of over 23000 Students so you will never have any vacancy issues. 3 upper apartment units with 2 bedrooms each. Fully leased. Main level has 3 retail stores also fully leased and long term tenants. Located next to Jimmy Johns. Please call for details on this money maker. A great return on your investment!

    • General Features
      • County Or Parish Washtenaw
      • Settlement City
      • Subdivision WESTERN ADD
      • Business Type Residential, Retail
      • Current Use Apartment and Retail
      • Lot Size Area 0.08
      • Zoning Commercial
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1924
      • Sqft Total 5,746
      • Number Of Units Total 3
      • Operating Expense $17,600
      • Net Operating Expense $40,000
      • Gross Scheduled Income $57,600
      • Tax Amount - Summer 10023.0000
      • Tax Amount - Winter 202.0000
    • Building Features
      • Foundation Details Basement
      • Construction Materials Brick
      • Sqft Office 5,746
      • Unit Two Bed Number Of 3
    • Property Features
      • Road Frontage Type Paved
      • Frontage Feet 77
      • Lot Size Dimensions 77 x 46
      • Water Source Municipal Water
      • Sewer Sewer at Street, Sewer-Sanitary
    • Schools
      • School District Ypsilanti


    Sam Hantosh

    Sales Associate

    RE/MAX Team 2000

    Office: 313-561-0900


    48197 (Ypsilanti) Demographics

    30Median Age
    1,596Population Density (per sq. mile)
    51%College Educated
    $51,154Estimated Median Income
    12,566Estimated Total Home Owners
    12,770Estimated Total Renters
    50% / 50%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    66,915Total Population

    Market Last 30 Days

    $0 Median Sales Price
    0 Homes Sold
    39 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $359,000
        1/8/2019 9:41:38 AM Price Reduced Source New Value: $359,000 -5.28%
        11/20/2018 4:43:00 PM New in Database Source New Value: $379,000

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Copyright 2019 Realcomp II Ltd. Shareholders.