514 Washtenaw Avenue Active Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48197
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025028764
Bedrooms 1
Year Built 1870
Annual Tax Amount $7,962
Lot Size 8,276 Sqft
Property Description
Historic duplex with strong cash flow in prime Ypsilanti location! This charming property features two income-producing units: a cozy 1-bedroom recently rented at $900/month, and a spacious 5-bedroom unit occupied by a long-term tenant receiving government assistance and paying $2,744/month. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total rent, this property is perfect for investors looking for stability and upside. Just minutes from EMU, Downtown Ypsi, and Depot Town. A rare opportunity to own a character-rich, high-yield property in a growing market!
Location
State MI
County Washtenaw
Area Ypsilanti
Interior
Heating Steam
Cooling Window Unit(s)
Laundry 1
Exterior
Garage Spaces 6.0
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Ypsilanti
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA