$300,000

625 N Adams Street, Ypsilanti City, MI 48197

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property 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.

Listing Status:
Active
Date Added:
September 18, 2026
Data Last Updated:
September 23, 2026 at 7:41AM
Listing Office:
Good Company : 2487335811
Listing Agent:
Diane Crouch : 7346579569
MLS ID:
81026049241
  • Laundry: In unit
  • A/C: Window units
  • Heating: Forced airNatural gas
  • Parking: GarageGravelParking spaces: 3
  • General: Vinyl sidingMichigan basement
  • Originating MLS: Greater Metropolitan Association of REALTORS
  • School District: Ypsilanti
  • County: Washtenaw
  • Zoning: *OLD SID - 11 11-600-020-10 YP CITY 50W-12 S 1/2 OF S 1/2 OF LOTS 20 & 21 SCOVILL AND TUTTLE SUBDIVISION OF JARVIS ORIGINAL ADDITION.111104362001
  • Utilities: Cable connectedSewer connected
  • Water: Public
  • Sewer: Public sewerSewer at street
  • Source: Greater Metropolitan Association of REALTORS

This listing courtesy of Diane Crouch , Good Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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