425 N Adams StreetYpsilanti, MI 48197

About

This Home

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.

Details

Property Type

Residential Income

Style

Multi Family

Year Built

1915

Lot Size

0.18 acres

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Basement

Full

Annual Taxes

$7,125

MLS #

81026052740

Gallery