$450,000
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422 N River Street Ypsilanti, MI 48198
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Amazing, rare investment opportunity! Charming 4-unit, multi-family income property close to the best of Ypsilanti including Depot Town, Frog Island and Riverside Parks, Hyperion and Vertex Coffee Roasters, the Ypsilanti Food Co-op, Eastern Michigan University, and more. Solid, turn-key property, ve...ry well-maintained and updated with charming vibes inside and out. Three 1-bedroom units (2 currently rented long-term) go for $1,125, and $1,150/month and efficiency unit, also currently rented, goes for $725/month. All units have their own entrance from the outside, kitchens, bathrooms, and washer/dryers (a huge plus). Newly updated Certificate of Occupancy good through 2026 with potential for short- or long-term rental potential--could also be owner occupied.Owner pays for gas and water and renters pay for separate-metered electricity. Newer boiler, 2-car garage, beautiful landscapingthis is a must see property!
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Source MLS
Real Comp
Originating MLS
Greater Metropolitan Association of REALTORS®
MLS#
81025000469
Property Type
Multi-Family
Year Built
1875
Lot Size
0.11
Sewer
Sewer at Street
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