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$300,000
New Listing

625 N Adams Street
Ypsilanti City, MI 48197

For Sale|Multi Family|Active
4
Beds
0
Total Baths
1900
Built
County:
Washtenaw

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Call Now: 1-248-228-6711
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1-248-228-6711
625 N Adams Street625 N Adams Street625 N Adams Street625 N Adams Street
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**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.

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Listing Snapshot
Price 
$300,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1900
MLS® Number 
81026049241
Status 
Active
Property Tax 
$8,387
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
6 hours agoStatus changed to Active
10 hours agoListing first seen on site
General Features
Acres 
0.11
Cross Street 
Forest
Garage 
Yes
Parking 
GarageGravel
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Cable ConnectedSewer ConnectedSewer Available
Water Source 
Public
Zoning 
Residential
Interior Features
Cooling 
Window Unit(s)
Heating 
Forced AirNatural Gas
Laundry Features 
In Unit
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Exterior Features
Construction Details 
Vinyl Siding
Community Features
MLS Area 
Area04152Ypsilanti
School District 
Ypsilanti
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Ypsilanti
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Good Company: [email protected]



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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