102 Spring Street, Ypsilanti, Michigan 48197

$550,000

Property Details

MLS#: 20251032811
Bedrooms: N/A
Bathrooms: 4
Square Feet: 1,884
Price per Sqft: $292
Lot Size: 0.29 acres
Year Built: 1904
Property Type: ResidentialIncome
Status: Active
Days on Market: 145

Description

This well-maintained 4-unit property offers a strong rental history and immediate income potential. All four units are currently leased—three with long-term tenants and the fourth on a flexible month-to-month agreement—providing stable cash flow and minimal vacancy risk for investors or owner-occupants. Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals—a rare and sought-after upgrade in rental properties. Interiors are clean, well-kept, and reflect ongoing care and quality maintenance. A standout feature is the spacious, mostly finished garage, which includes two heated areas. Whether used for parking, storage, or creative use, this space offers an opportunity for additional income or expanded utility. Adding even more long-term potential, the property is uniquely situated on a natural spring, opening possibilities for eco-conscious ventures or future development—an uncommon and valuable characteristic. Whether you're looking for a turnkey, income-generating asset or a multi-family property with flexibility and character, this opportunity checks all the boxes. Don’t miss your chance to own a versatile, income-generating property in a desirable location!

Location

This property is located in Ypsilanti, Michigan. Ypsilanti is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 102 Spring Street?

102 Spring Street is listed at $550,000, or $292 per square foot.

How many bedrooms does 102 Spring Street have?

This property has N/A bedrooms and 4 bathrooms, with 1,884 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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