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$330,000
Est. payment /mo
2 Baths
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ypsilanti City
Subdivision Ypsilanti City
MLS Listing ID 20261014760
HOA Y/N true
Year Built 1864
Annual Tax Amount $10,311
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 66.00 x 149.00
Source Realcomp
Property Description
Exceptional investment opportunity just steps from Eastern Michigan University. This well-maintained duplex at 1017 Washtenaw Rd features two spacious 3-bedroom, 1-bath units, offering immediate income potential and long-term upside in a high-demand rental location.One unit is currently occupied, providing in-place income, while the second unit is vacant and move-in ready—ideal for an owner-occupant or an investor looking to maximize rents. The flexible setup allows for immediate occupancy, value-add leasing, or a hybrid investment strategy.Positioned less than 100 yards from EMU's campus, this property benefits from consistent tenant demand and proximity to Downtown Ypsilanti, major corridors, and I-94. Each unit offers functional layouts with generous living space, and the lower unit includes in-unit laundry.A standout feature is the expansive private parking lot with capacity for up to 12 vehicles—an uncommon advantage in this area that enhances rental appeal and opens the door for future possibilities. The lot offers potential for reconfiguration or expansion (subject to approvals), adding further long-term value.Additional highlights include updated wood siding completed in 2020 and a current Certificate of Occupancy already in place.Whether you are building your portfolio or seeking a property that can offset your mortgage while you live on-site, this duplex delivers location, income, and scalability in one of Ypsilanti's most reliable rental pockets.
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Zoning Multi-Family,Residential
Direction On South Side Of Washtenaw about 100 yards from the Emu Campus
Interior
Heating Forced Air
Cooling Central Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Schools
School District Ypsilanti
Others
Tax ID 111105465004
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Listed by EXP Realty The Perna Team
Nearby School & Business
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