514 Washtenaw Avenue

Ypsilanti, Michigan 48197

  • 1 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.19
    Acre(Lot)
$310,000

Description

Historic duplex with strong cash flow in prime ypsilanti location! this charming property features two income-producing units: a cozy 1-bedroom recently rented at $900/month, and a spacious 5-bedroom unit occupied by a long-term tenant receiving government assistance and paying $2,744/month. a brand-new boiler has just been installed, providing reliable and efficient heating. with over $3,600/month in total rent, this property is perfect for investors looking for stability and upside. just minutes from emu, downtown ypsi, and depot town. a rare opportunity to own a character-rich, high-yield property in a growing market!

  • Property Type

    Multifamily

  • County

    Washtenaw

  • Style

    Multifamily

  • AD ID

    50181797

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Property Details

  • Interior Features

    • Laundry Facility

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Steam
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1870
    • Total Units: 2
    • Foundation/Basement: Michigan Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.19
    • Dimensions: 51x164

    Property Information

    • Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $310,000

    Listing Information

    • Legal Description: Buyer and buyer's agent to verify all information including unit sizes, zoning, and legal use. Monthly rents: Unit 1 - $900/month (1BR), Unit 2 - $2,744/month (5BR, tenant on government assistance). Tenants' rights apply. Property is being sold as-is.

  • Tax Information

    • Annual Tax: $7,962
    • Parcel Number: 111140182010

    Legal Information

    • Legal Description: Section: Buyer and buyer's agent to verify all information including unit sizes, zoning, and legal use. Monthly rents: Unit 1 - $900/month (1BR), Unit 2 - $2,744/month (5BR, tenant on government assistance). Tenants' rights apply. Property is being sold as-is.

  • Parking Information

    • Parking: 6

    Unit 1 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.

BuyOwner last updated this listing 06/27/2025 @ 23:44

  • MLS: 628762471
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 1 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.