Courtesy of @properties Christie's Int'lAA, Beau La Fleur

425 N Adams Street, Ypsilanti, Michigan, 48197

$375,000
0.18 Acres
4 bd
4 ba
#26052740
Fully occupied 4-unit investment property in Ypsilanti featuring four 1-bedroom, 1-bath units and $37,740 in current annual rental income, including garage income. All four units are currently rented, providing an investor with established cash flow from day one. Each unit offers a practical layout, with locked private storage for each tenant in the basement and shared washer and dryer facilities. The property also includes a detached garage, currently generating additional rental income. Conveniently located near downtown Ypsilanti, Eastern Michigan University, shopping, dining, parks and major commuter routes. A great opportunity to add a fully rented, income-producing multifamily property to your investment portfolio with potential for future rental growth.

PROPERTY FEATURES

  • Utilities : Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Sewer Available, Water Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Community Features : Sidewalks
  • Parking Features: Driveway, Gravel
  • Parking Total: 6
  • Garage on Property:
  • Zoning Description : R-2
  • Cooling on Property:
  • Cooling: Window Unit(s)
  • Heating on Property:
  • Heating : Natural Gas, Forced Air
  • Construction Materials: Aluminum Siding, Brick
  • Roof: Composition
  • Road Surface Type: Paved
  • Basement Description : Full
  • Basement on Property:
  • Laundry Features : Common Area, In Basement
  • Other Structures: Storage
PROPERTY DETAILS
ID: 26052740
Status: Active
Price: $375,000
Acres: 0.18 Acres
Price Per Acre: $2,083,333
Type: Multi-family
Address: 425 N Adams Street
City, State: Ypsilanti, Michigan
County: Washtenaw
Zip Code: 48197
Lat/Long: 42.247063, -83.616447
Presented By: Beau La Fleur
Phone:
Email: Click to Contact