REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Nick Sage

nicksage74@gmail.com +1(248) 240-4901

$ 300,000

Est. payment | -/mo

4,791 Sqft Lot

Save

$ 300,000

Est. payment | -/mo

Save

4,791 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81026049241

Year Built 1900

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

**Two-Unit Investment Property -- Ypsilanti** A fantastic opportunity for investors seeking reliable, established income in a prime Ypsilanti location. This well-maintained two-unit property features two bedrooms and one bathroom in each unit, with the back unit offering convenient access to the garage. Both units are currently occupied by excellent, long-term tenants who have been low-maintenance and reliable. Unit 1 is leased at $1,050/month with a lease in place until February 2027, and Unit 2 is leased at $1,250/month with a lease in place until August 2027 -- giving a new owner immediate, secured cash flow with no lease-up period. This property has been a solid, dependable performer, and the sellers are moving forward with the sale only due to a shift in their portfolio strategy -- not because of any issues with the property or its income. Unbeatable location -- close to Eastern Michigan University and Washtenaw Community College, downtown Ypsilanti, and Depot town!Updates include, new water heaters in both units (2024), new washer & dryer in unit 2 (2026)Showings are subject to tenants' rights ??? 48 hours notice required. Seller is a licensed agent in the State of Michigan.

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Interior

Heating Forced Air, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry InUnit

Exterior

Parking Features Garage, Gravel

Utilities Available CableConnected, SewerConnected

View Y/N No

Building

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Ypsilanti

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition AgentOwned

Listed by Diane Crouch of Good Company

Nearby Locations

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

+1(248) 240-4901

nicksage74@gmail.com

8195 S Saginaw St, Grand Blanc, MI 48439-1885, USA

625 N Adams ST Ypsilanti City, MI 48197

Nick Sage

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

625 N Adams ST