766 Ford Street
Ypsilanti, MI 48198
Multi Family · MLS # 81026034683 · Listing courtesy of Real Estate One Inc
About this home
GOOD CENTRAL LOCATION IN PROXIMITY OF SHOPPING AREAS AND MAJOR HIGHWAY AND THROUGH WAYS: 1-94 AND MICHIGAN AVENUE. CURRENTLY THE HOUSE IS LEASED TO 2 LONG TERM TENANTS. THEY WOULD PREFER TO STAY EVEN IF THE HOUSE IS SOLD AND WILL RENEW LEASES WITH THE NEW OWNER. INCOME AND OPERATING COST DISCLOSURE WILL BE PROVIDED TO INTERESTED PARTY WITH A WRITTEN OFFER. FOR A NOMINAL ADDITIONAL PRICE,THERE IS A BUILDABLE LOT, ALREADY WITH SEPARATE TAX ID. THE GARAGE IS NEW SINCE 2021. TAXES ARE NON-HOMESTEAD.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Ypsilanti
Over the last 90 days, 215 homes sold in Ypsilanti for a median of $300,000, about $182 per square foot, and the typical one went under contract in 15 days. This home is listed at $160,000, and has been on the market 72 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Ypsilanti sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,989 a year. A buyer who lives here would pay about $2,387 to $5,114 a year once the taxable value resets after the sale, at the 2025 homestead rate of 63.29 mills for Ypsilanti City and Ypsilanti schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Ypsilanti
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