125 N Summit Street, Ypsilanti, MI 48197
125 N Summit Street, Ypsilanti, MI 48197
125 N Summit Street, Ypsilanti, MI 48197
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$319,000
Est. payment /mo
10,019 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

MLS Listing ID 26014509

Year Built 1864

Annual Tax Amount $9,201

Tax Year 2026

Lot Size 10,019 Sqft

Acres 0.23

Lot Dimensions 66x152

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Updated three unit income property within a short walk to campus that includes a garage! No seller financing. Unit 1 has 3 bedrooms and 1 bath and leased to August 2027 ($16,140/yr). Unit 2 has 1 bedroom and 1 bath and leased to August 2027 ($10,740/yr). Unit 3 had 2 bedrooms and 1 bath and least to August 2027 ($11,340/yr). Garage is lease for $600/yr. Total rent for the 2026-27 school year is $38,820. There is ample off street parking. Tenants pay gas, electric, water/sewer. C of O expires 11/01/2026.

Location

State MI

County Washtenaw

Rooms

Basement Partial

Interior

Heating Forced Air

Exterior

Utilities Available Cable Available, Cable Connected

View Y/N No

Total Parking Spaces 7

Building

Structure Type Vinyl Siding

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-40-163-022

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by The Charles Reinhart Company

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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