625 N Adams Street, Ypsilanti, MI 48197
625 N Adams Street, Ypsilanti, MI 48197
625 N Adams Street, Ypsilanti, MI 48197
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$300,000
Est. payment /mo
4 Beds
2 Baths
1,736 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,736 sqft

Price per Sqft $172

Municipality Ypsilanti City

MLS Listing ID 26049779

Style Traditional

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $8,387

Tax Year 2025

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 108x44

Property Sub-Type Single Family Residence

Source Michigan Regional Information Center (MichRIC)

Property 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 because 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. 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.

Location

State MI

County Washtenaw

Rooms

Basement Michigan Basement

Interior

Interior Features Broadband

Heating Forced Air

Cooling Window Unit(s)

Fireplaces Number 1

Fireplace true

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Detached

Garage Spaces 2.0

Utilities Available Cable Connected

View Y/N No

Street Surface Paved

Garage Yes

Building

Story 2

Sewer Public

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-04-362-001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Good Company

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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