47
See all 47 photos
$550,000
Est. payment /mo
4 Baths
0.29 Acres Lot
New
102 Spring Street Ypsilanti, MI 48197
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ypsilanti City
Subdivision Ypsilanti City
MLS Listing ID 20251032811
Year Built 1904
Annual Tax Amount $5,244
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 145x70x165x92x10
Source Realcomp
Property Description
This well-maintained 4-unit property offers a strong rental history and immediate income potential. All four units are currently leased—three with long-term tenants and the fourth on a flexible month-to-month agreement—providing stable cash flow and minimal vacancy risk for investors or owner-occupants.Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals—a rare and sought-after upgrade in rental properties. Interiors are clean, well-kept, and reflect ongoing care and quality maintenance.A standout feature is the spacious, mostly finished garage, which includes two heated areas. Whether used for parking, storage, or creative use, this space offers an opportunity for additional income or expanded utility.Adding even more long-term potential, the property is uniquely situated on a natural spring, opening possibilities for eco-conscious ventures or future development—an uncommon and valuable characteristic.Whether you're looking for a turnkey, income-generating asset or a multi-family property with flexibility and character, this opportunity checks all the boxes.Don't miss your chance to own a versatile, income-generating property in a desirable location!
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Zoning Residential
Direction West Ecorse Rd East Michigan Ave
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Aluminum Siding,Vinyl Siding
Schools
School District Ypsilanti
Others
Tax ID 111139403027
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by EXP Realty Plymouth
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