550 1st Avenue Contingent

Ypsilanti,MI 48197-5229

$ 236900

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70470870

Year Built 1959

Annual Tax Amount $6,583

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 66' x 198'

Property Sub-Type Multi-Family

Property Description

Investment opportunity! This top-bottom duplex offers great income potential. Upper unit (2 bed/1 bath) with kitchen, living area, and balcony is leased through 6/31/2025 at $1,200/mo. Lower unit (2 bed/1 bath) is currently vacant features updated flooring and a new furnace (2020) . Detached 2-car garage leased through 6/7/2025 at $260/mo. Fire escape meets city code. Shared laundry in utility room. Large fenced backyard. Convenient location near EMU, I-94, and downtown Ypsilanti. City certified till Dec. 2026. Lots of potential for investors! Do not disturb tenants.

Location

State MI

County Washtenaw

Area Ypsilanti (81033)

Interior

Heating Forced Air

Exterior

Exterior Feature Brick,Vinyl Siding

Parking Features Additional Garage(s)

Amenities Available Laundry Facility

Building

Structure Type Brick,Vinyl Siding

Schools

School District Ypsilanti Public School District

Others

Energy Description Natural Gas

Financing Cash,Conventional,FHA

View More
Favorite Go Tour