625 Adams Street, Ypsilanti City, Michigan 48197

$300,000

Property Details

  • MLS#: 81026049779
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Feet: 1,736
  • Price per Sqft: $173
  • Lot Size: N/A
  • Year Built: 1900
  • Property Type: Residential
  • Transaction: For Sale
  • Listing Status: Active

Tax and Assessment Information

Assessment evidence unavailable.

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

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

Frequently Asked Questions

What is the price of 625 Adams Street?

625 Adams Street is listed at $300,000, or $173 per square foot.

How many bedrooms does 625 Adams Street have?

This property has 4 bedrooms and 2 bathrooms, with 1,736 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: [email protected]

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