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Lambrecht Realty
425 N Adams St, Ypsilanti, MI 48197
- $375,000
- List Price
- $375,000
- MLS#
- 81026052740
- Status
- COMING SOON
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.
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
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Courtesy of @properties Christie's Int'lAA 7342376901