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427 Ballard Street , Ypsilanti, MI 48197

$430,000.00
  • 427 Ballard Street , Ypsilanti, MI 48197 Main Photo

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New to the Market Active
BEDS0 BATHS3 full SQUARE FEET3,282 MLS#20261015106
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNormal School Add SCHOOLYpsilanti

Property Description

Exceptional investment opportunity at 427 Ballard in Ypsilanti. This licensed 14-room boarding house offers strong income potential in a high-demand rental area near Eastern Michigan University, Depot Town, downtown Ypsilanti, and major commuter routes. The property features fourteen individual rentable rooms, a shared kitchen, and shared bathrooms conveniently located on each level. The layout is functional and well-suited for room-by-room leasing, providing consistent occupancy opportunities. Common areas are designed for practical daily use, and the structure offers solid fundamentals for continued rental operation. Situated in an established neighborhood with close proximity to public transportation, campus amenities, dining, and shopping, this property appeals to students, workforce tenants, and long-term room renters alike. Whether you are looking to expand your rental portfolio or acquire a turnkey income-producing property in the Ypsilanti market, 427 Ballard presents a compelling opportunity. Serious investors with proof of funds/ commercial pre-approval - inquire for financials and current occupancy details.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished
Fuel Type: Natural Gas
Heating: Baseboard, Forced Air
Home Style: Early American
Lot Size: 0.26 Acres
Year Built: 1894

Feature Descriptions

Architecture: Early American
Exterior: Aluminum, Vinyl
Foundation: Basement
Frontage Feet: 76
Lot Dimensions: 0.26 Acre(s)
Lower Level Finished Sqft: 1191
Road Frontage: Paved
Summer Tax: $8355.0000
Winter Tax: $332.0000

Local Schools

School District: Ypsilanti

Listed By / Shown By

Listed By

Agency Name: RE/MAX Home Sale Services
Agency Phone: (734) 459-7646

Shown By

Agency Title: Remerica Real Estate
Agency Phone: 734-459-4500

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Estimated Payment

$ 1,767.73 per month $1,642.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $125.42 Homeowner's Insurance

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