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Sandi Smith

Trillium Real Estate

[email protected] +1(734) 216-6414

$ 236,900

Est. payment -/mo

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550 1st Avenue Ypsilanti, MI 48197

0.3 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

Subdivision Bartholomews Add

MLS Listing ID 25024213

HOA Y/N false

Year Built 1959

Annual Tax Amount $6,583

Tax Year 2024

Buyer Agency Compensation Buyer Compensation: 3%

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 66' x 198'

Property Sub-Type 2 to 4 Units

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 Ann Arbor/Washtenaw - A

Direction Michigan Ave to 1st Avenue

Rooms

Basement Walk-Out Access

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Laundry Common Area

Exterior

Parking Features Concrete, Driveway

Utilities Available Electricity Connected

Amenities Available Laundry

View Y/N No

Total Parking Spaces 4

Building

Sewer Public Sewer

Structure Type Brick,Vinyl Siding

New Construction No

Schools

School District Ypsilanti

Others

HOA Fee Include None

Tax ID 11-11-39-465-022

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

Listed by Trillium Real Estate