425 N Adams St

Ypsilanti, MI 48197
  • $375,000

    Price
  • 4

    Bed
  • 0.18

    Acre

About the Listing 810015664488 - 54024422507767

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.

Listing Highlights for 425 N Adams St

Status Active
Days on Site 43
Property Type Multi-Family
MLS ® 81026052740
Year Built 1915
Lot/Acreage 0.18
County Washtenaw
School District Ypsilanti

Interior Details

  • Bedrooms: 4
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: Laundry Facility,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: NA
  • Zoning: Other
  • Roof: Composition
  • Others: Aluminum,Brick,Paved,Pub. Sidewalk
  • Sewer: Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
  • Parking Features: Garage

Financial Details

  • Tax Amount: $7,125
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 111140109023
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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% Down Payment
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Listing Location

Questions About..

425 N Adams St Ypsilanti, MI 48197

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Originating MLS: Greater Metropolitan Association of REALTORS®

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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