425 N Adams St, Ypsilanti, MI 48197

$375,000

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List Price: $375,000
MLS#: 81026052740
Status: COMING SOON

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Property Description

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.

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Additional Information

Site Description: Level
Year Built: 1915
Basement Type: Full
Acres: 0.18
Acres: 0.18
School District: Ypsilanti
Interior Features: Storage
Cooling: Window/Wall
Heating: Forced Air, Natural Gas
Garage Description: Garage, Gravel