$2,499,000

615 Pearl Street

Ypsilanti, MI 48197

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615 Pearl Street, Ypsilanti, MI 48197
615 Pearl Street, Ypsilanti, MI 48197
615 Pearl Street, Ypsilanti, MI 48197
615 Pearl Street, Ypsilanti, MI 48197
615 Pearl Street, Ypsilanti, MI 48197
615 Pearl Street, Ypsilanti, MI 48197

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About this Home

Special investment opportunity at the steps of the Eastern Michigan University campus. This is group 2 of 2 seven property packages - 615 Pearl St, 351 S Mansfield St, 212 N Summit St, 125 N Summit St, 124 N Summit St, 116 N Summit St, 106 N Summit St. Gross rent for these 7 properties is $355,820 for the 2026-27 school year. For specific property information, refer to the individually listed properties. These are well kept properties and opportunities like this are rare. No seller financing. Contact listing agent with any question.

Details
Location Property Info
County: Washtenaw
Street #: 615
Street Name: Pearl
Suffix: Street
State: MI
Zip Code: 48197
Zip (4): 2634
OfficeContract Info
Status: Active
Current Price: $2,499,000
List Price: $2,499,000
Listing Date: 2026-08-19
General Property Info
Lot Measurement: Acres
Lot Square Footage: 12981
Lot Acres: 0.3
Lot Dimensions: 66x194
Year Built: 1880
New Construction: No
Financial Available: No
Financial Comments: No seller financing
Road Frontage: 66
Total # Bldgs: 7
Total Parking Spaces: 12
Waterfront: No
School District: Ypsilanti
Association YN: No
Tax Info
Tax ID #: 11-11-40-464-012
Taxable Value: 173928
SEV: 264500
For Tax Year: 2026
Seller's Annual Property Tax: 14630.43
Tax Year: 2026
Spec Assessment & Ty: none
Zoning: CN
Remarks Misc
Directions: N Normal St to Pearl St.
Access Feat
Accessibility Features: No
Property Features
Exterior Material: Shingle Siding; Vinyl Siding; Other
Substructure: Crawl Space; Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available; Natural Gas Available; Public Sewer; Public Water
Owner Pays: None
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air; Hot Water
Street Type: Public
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None

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