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

Alec Applebaum

+1(248) 866-8784
$375,000
Est. payment /mo
4 Baths
7,841 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

MLS Listing ID 26052740

Year Built 1915

Annual Tax Amount $7,125

Tax Year 2025

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions NA

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

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.

Location

State MI

County Washtenaw

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Window Unit(s)

Laundry Common Area, In Basement

Exterior

Parking Features Driveway, Gravel

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Storm Sewer

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 6

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding,Brick

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-40-109-023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by @properties Christie's Int'lAA

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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