$275,000
Ypsilanti, MI 48197
MLS# 26049209
4 beds | 2 baths | 1418 sqft
1 / 32
Property Description
A rare opportunity to add a proven performer to your portfolio. This well-maintained 4-bedroom home is currently leased to excellent long-term tenants through August 31, 2027, generating $2,140/month — making this a true turnkey investment from day one. This property has been a strong, low-hassle income generator for its owners, who are selling only due to a shift in portfolio strategy — not performance. Buyers benefit from immediate cash flow, established tenants, and no lease-up period. Unbeatable location just minutes from Eastern Michigan University, downtown Ypsilanti, and the shops and restaurants of Depot Town, with easy access to nearby expressways for commuters. Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.
Details
Location & Property Info
Cross Streets: Forest
Property Sub-Type: Single Family Residence
Municipality: Ypsilanti City
Office/Contract Info
On-Market Date: 2026-09-18
Auction or For Sale: For Sale
List Price/SqFt: 193.94
Ownership Type: Broker/Agent Owned
General Property Info
New Construction: No
Lot Dimensions: 44.00X110.00
Road Frontage: 44
Garage Y/N: No
Fireplace: No
Total Fireplaces: 0
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 10
Total Fin SqFt All Levels: 1418
SqFt Above Grade: 1418
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 204
Building Total SqFt: 1622
Total Beds Above Grade: 4
Main Level Primary: Yes
Stories: 2
School District: Ypsilanti
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.11
Lot Square Footage: 4792
Year Built: 1900
Total Bedrooms: 4
Full Baths: 2
Total Baths: 2
Tax Info
Taxable Value: 82480
SEV: 96800
For Tax Year: 2025
Seller's Annual Property Tax: 6594
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: 0
Tax ID #: 11-11-04-362-002
Remarks & Misc
Public Remarks: A rare opportunity to add a proven performer to your portfolio. This well-maintained 4-bedroom home is currently leased to excellent long-term tenants through August 31, 2027, generating $2,140/month — making this a true turnkey investment from day one. This property has been a strong, low-hassle income generator for its owners, who are selling only due to a shift in portfolio strategy — not performance. Buyers benefit from immediate cash flow, established tenants, and no lease-up period. Unbeatable location just minutes from Eastern Michigan University, downtown Ypsilanti, and the shops and restaurants of Depot Town, with easy access to nearby expressways for commuters. Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.
Legal: TRS 6/95 *OLD SID - 11 11-600-020-20 YP CITY 50W-13 N 1/2 OF S 1/2 OF LOTS 20 & 21 SCOVILL AND TUTTLE SUBDIVISION OF JARVIS ORIGINAL ADDITION.
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Utilities Attached
Cable Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
Mineral Rights
Unknown: 1
Laundry Features
Upper Level: 1
Exterior Material
Wood Siding: 1
Roofing
Asphalt: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 1
Upper Level Square Feet: 709
Total Baths Above Grade: 2
Main Rooms
Main Bedrooms: 1
Main Full Baths: 1
Main Level SQFT: 709
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 204
Driveway
Gravel: 1
Substructure
Crawl Space: 1
Michigan Basement: 1
Appliances
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Fencing
Fenced Back: 1
Patio and Porch Features
Porch(es): 1
Flooring
Carpet: 1
Ceramic Tile: 1
Linoleum: 1
Architectural Style
Historic: 1
Possession
Subject To Tenant Rights: 1
Location Property Info
County: Washtenaw
Street #: 627
Street Direction: N
Street Name: Adams
State: MI
Zip Code: 48197
Zip (4): 2412
OfficeContract Info
Status: Active
List Price: $275,000
Current Price: $275,000
Listing Date: 2026-09-15
Property Features
Laundry Features: Upper Level
Exterior Material: Wood Siding
Roofing: Asphalt
Substructure: Crawl Space; Michigan Basement
Sewer: Public Sewer
Water: Public
Utilities Attached: Cable Connected; Natural Gas Connected
Appliances: Dryer; Range; Refrigerator; Washer
Heat Source: Natural Gas
Heat Type: Forced Air
Fencing: Fenced Back
Flooring: Carpet; Ceramic Tile; Linoleum
Patio and Porch Features: Porch(es)
Architectural Style: Historic
Driveway: Gravel
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional
Possession: Subject To Tenant Rights
Sale Conditions: None
Listing Office: Good Company
Listing Agent: Diane Crouch
Last Updated: September - 18 - 2026
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