103 N Adams Street Ypsilanti, MI ^$ 595,000

103 N Adams Street

^$ 595,000

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103 N Adams Street

Ypsilanti, MI, 48197

^$ 595,000

Studio Baths0.0

Monthly Estimate*

^$ 4,156

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Studio

Multi-Family Home for sale in Ypsilanti, MI

for $595,000. This home was built in 1944 on a lot size of 0.43.

Discover this prime investment property in Ypsilanti, MI, featuring five units plus a garage all fully rented! Conveniently located near schools, parks, and shopping centers, each unit offers comfortable living spaces and potential for strong rental income. With low vacancy rates and opportunity for value-add, this property presents an excellent opportunity for investors seeking stability and growth in the rental market. Don't miss out - schedule a showing today!

Multi-Family Active

Price

^$ 595,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,942

Style

Lot Size

0.43

Year Built

1944

Town/City

Ypsilanti

County/Region

Washtenaw

MLS | Web ID

70392590

Features

General

Heating Baseboard Radiant

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Year Built 1944

County Washtenaw

Class MULTIFAMILY

Type Multi-Family

Municipality Ypsilanti

Subdivision MI

Area Ypsilanti (81033)

Primary City Ypsilanti

Directions Google Maps

City Ypsilanti

School District Ypsilanti Public School District

Street Name Adams

Financial Terms Cash Conventional

Legal Description *OLD SID - 11 11-030-008-00 YP CITY 2-W9 S 107.7 FT OF LOTS 7 & 8 ALSO E 30.8 FT OF LOT 9 ORIGINAL PLAT.

DOM 53

Postal Code 48197

Coming Soon Discover this prime investment property in Ypsilanti MI featuring five units plus a garage all fully rented! Conveniently located near schools parks and shopping centers

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.43

Lot Dimensions 0

Waterfront Y/N No

Interior

Total Number of Units 5

Fuel Type Natural Gas

* Excluded Features

List By

Lee Marshall

Listing Agent

Keller Williams Ann Arbor

Broker

LeeMarshall@KW.com

Affordability Calculator

$4,401

Per Month

Monthly Principal & Interest: $4,156
Monthly Property Taxes: $245
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Ypsilanti, MI

Average List Price ^$384,143

Percent of Sale Price 35%

About Ypsilanti, MI

20,639 Population

-8% Since 2002

^$38,265 Median Income

27.51 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1367115 Elementary School

1367113 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$595,000		Listed Price

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103 N Adams Street, Ypsilanti, MI, 48197 is a Multi-Family Home for sale at $595,000 with a lot size of 0.43. 103 N Adams Street is a studio with 0.0 baths and was built in 1944. The property's zip code is 48197 which is in Ypsilanti, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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103 N Adams Street

Multi-Family Home for sale in Ypsilanti, MI

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