The MJA CompanyNational Realty Centers (248) 780-8944
124 N Summit Street, Ypsilanti, MI 48197124 N Summit Street, Ypsilanti, MI 48197 photo 2124 N Summit Street, Ypsilanti, MI 48197 photo 3124 N Summit Street, Ypsilanti, MI 48197 photo 4124 N Summit Street, Ypsilanti, MI 48197 photo 5
$495,000 For sale

124 N Summit Street

Ypsilanti, MI 48197

0.21acres
1890built
8days listed

Multi Family · MLS # 81026042161 · Listing courtesy of The Charles Reinhart Company

About this home

Fantastic 4 unit property close to campus with garage and coin operated laundry. No seller financing. Unit 1 - one bedroom one bath $800/month includes $70 for water and gas. Leased to 8/1/27 Unit 2 - three bedrooms one bath $1,495/month includes $50 for water and gas. Leased to 8/10/27. Unit 3 - two bedrooms one bath $1,175 includes $50 for water and gas. Leased to 7/31/27. Unit 4 - three bedrooms 1 bath $1,655/month includes $50 for water and gas, and $60 pet fee. Leased to 8/13/27. Additional income $100/month for garage rent, leased to 10/31/26. Coin laundry. Total $5,225/month. Gross rent is $62,700for the 2026-27 school year. Roof replaced in 2016. C of O expires 11/01/2026.

Interior

BasementFull
LaundryCommon Area

Systems and utilities

HeatingBaseboard, Hot Water, Natural Gas
WaterPublic
SewerPublic Sewer, Sewer At Street
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

Exterior and lot

Year built1890
ConstructionVinyl Siding
ParkingAsphalt, Concrete
Lot size0.21 acres
Lot dimensions62x150

Taxes, HOA and more

Annual taxes$8,821
Summer taxes$8,821
MunicipalityYpsilanti
CountyWashtenaw
PossessionSubject To Tenant Rights
Sale termsCash, Conventional
Special conditionsStandard

Schools

School districtYpsilanti

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Sep 30, 2026, 6:30 PM.

CallRequest a tour