25
See all 25 photos
$236,900
Est. payment /mo
0.3 Acres Lot
Contingent
550 1st Avenue Ypsilanti, MI 48197-5229
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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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Trillium Real Estate