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625 N Adams Street

Ypsilanti, MI 48197

$300,000 $1,264/Mo

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Overview

Bed

Bath

1,736

Sqft

0.11

Acre(Lot)

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 b ecause 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.

Property Details

Property Type : Residential

Price : $300,000

AD Id : 91345750

MLS Id : 26049779

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 1,736 Sq. Ft

Tax Amount : $8,387

Year Built : 1900

County : Washtenaw

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 4

Bathroom Information

Total Baths: 2 Full Baths: 2

Water/Sewer

Sewer: Public

Room Information

Other Rooms: 2
Interior Features

Broadband Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Laundry Features: In Unit
Heating & Cooling

Heating: Forced Air Cooling: Window Unit(s) WaterSource: Public
Fireplace

Fireplace: Yes Number of Fireplaces: 1 Fireplace Features: 1

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding Basement: Michigan Basement
Road Types

Paved
Laundry Features

In Unit

Lot Information

Lot Dimensions: 108x44 Lot Size Area: 0.11 Acres Lot Square Feet: 4,792 Stories: 2 Main Square Feet: 1736

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Traditional SQ ft (Living Area): 1,736 Construction Materials: Vinyl Siding Property Age: 126

Listing Price Information

Listing Id: 26049779 ist Price: $300,000 List Price Tot SqFt: $173 Listing Terms Cash, Conventional
Listing Information

Possession: Subject To Tenant Rights

Tax Information

Parcel Number: 11-11-04-362-001 Annual Tax: $8,387 Tax Year: 2025 Taxes: *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.

Parking Information

# of Garage Spaces: 2 Has Garage: Yes Detached

School Information

Senior High School District: Ypsilanti
Utility Information

Cable Connected

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