220 N Lincoln Street

    Ypsilanti, MI 48198
    • $222,111
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: 2200001093
    UPDATED: 15 min ago
    $222,111
    • 0
      BEDS
    • 0.18
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,510
      SQFT
    • $147
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1894
    County:
    Area:
    Zoning:
    Multi-Family
    Lot Size Dimensions:
    60X120x120x60

    School Ratings & Info

    School District:

    Description

    Rare, conforming turn-key duplex in historic Depot Town! Walk to downtown and EMU! Completely renovated in 2019! 2 bedrooms up and 2 bedrooms down, new 90+ furnaces and water heater. Separate electric meters. Landlord license as a legal duplex. Current rental license for both units, just renewed October 2019! All new flooring, paint, tile, bathrooms and kitchens updated and/or replaced in 2019. Downstairs unit is a month to month tenancy at $900.00 per month and he pays for the heat and gets the 1 car garage. Upstairs unit is rented for $900 per month, their heat is included and paid by the downstairs tenant! New driveway and sidewalk! Permits were obtained for all improvements and they are all approved by the city of Ypsilanti! All of the heavy lifting has been done! This tremendous opportunity will not last long! Proof of funds required. No showings without an accepted offer subject to an inspection. Cash or new mortgage only. Please do not speak to the tenants. No sign.

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    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team 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: 2020-04-05T07:55:37.463.
    www.buckleyjolley.com/homes/102052433

    220 N Lincoln Street Ypsilanti, MI 48198

    • Price: $222,111
    • Status: Active
    • Updated: 15 min ago
    • ID#: 2200001093
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.18
    Acres
    1,510
    SQFT
    $147
    $/SQFT
    1894
    Built
    Neighborhood:
    Hunters Add
    County:
    Washtenaw
    Area:
    Ypsilanti
    School District:
    YPSILANTI
    Property Description
    Rare, conforming turn-key duplex in historic Depot Town! Walk to downtown and EMU! Completely renovated in 2019! 2 bedrooms up and 2 bedrooms down, new 90+ furnaces and water heater. Separate electric meters. Landlord license as a legal duplex. Current rental license for both units, just renewed October 2019! All new flooring, paint, tile, bathrooms and kitchens updated and/or replaced in 2019. Downstairs unit is a month to month tenancy at $900.00 per month and he pays for the heat and gets the 1 car garage. Upstairs unit is rented for $900 per month, their heat is included and paid by the downstairs tenant! New driveway and sidewalk! Permits were obtained for all improvements and they are all approved by the city of Ypsilanti! All of the heavy lifting has been done! This tremendous opportunity will not last long! Proof of funds required. No showings without an accepted offer subject to an inspection. Cash or new mortgage only. Please do not speak to the tenants. No sign.
    Exterior Features

    Architecture Level 2 Story Architecture Style Upper/Lower Apartment Construction Materials Wood Exterior Features Awning/Overhang(S)Outside LightingPrivate Entry Foundation Details Michigan Basement Foundation Materials BlockBrick Lot Size Dimensions 60X120x120x60 Multifamily Parking GaragesPavedUnassigned/General Parking Total 3 Pool YN No Porch Type Porch - Covered Road Frontage Feet 60 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type CommonUnfinishedWalkout Access Basement YN No Baths Total 2.00 Cooling Ceiling Fan(S) Heating Energy Starã‚® Qualified Furnace EquipmentEnergy Starã‚®/Acca Rsiã‚® Qualified InstallationForced AirHigh Efficiency Sealed Combustion Heating Fuel Natural Gas Interior Features Cable AvailableDual-Flush Toilet(S)High Spd Internet Avail Room Count 0 Sq Ft Combined 1510 Sq Ft Total Basement 810 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2 Water Heater Fuel CommonNatural Gas

    Property Features

    Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 21600.00 Income Projection Projected Inventory List YN Yes Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventionalWarranty Deed Monthly Rental Income 1800 Net Operating Income 15000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Ypsilanti Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4728.0000 Tax Amount Winter 196.0000 Title Private - Owned Total Tax 4924.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 220 N LINCOLN ST Water Source Municipal Water Year Remodeled 2019 Zone Conform YN Yes Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Bradbury Development Co. and Realcomp, ©2020 Realcomp II Ltd. Shareholders.


    © 2020 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Buckley Jolley Real Estate Team 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: 2020-04-05T07:55:37.463.
     
    The Buckley Jolley Real Estate Team
    323 W. Main St., Suite 201
    Brighton MI, 48116