427 Ballard ST, Ypsilanti, MI 48197
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$ 430,000

3 Baths

3,282 SqFt


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$ 430,000
Save

3 Baths

3,282 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 3,282 sqft

Subdivision Normal School Add

MLS Listing ID 20261015106

Style EarlyAmerican

Full Baths 3

Year Built 1894

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type MultiFamily

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.

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Rooms

Basement Finished, Full

Interior

Heating Baseboard, Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features Garage, ParkingLot

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Ypsilanti

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Pets Allowed No

Realcomp MLS
Listed by Marygrace Liparoto of RE/MAX Home Sale Services

Nearby Locations

Mariam Beydoun

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 810-6071

transactions@gotkeydrealty.com

22260 Garrison St, Dearborn, MI, 48124, USA

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427 Ballard ST