102 Spring Street Active Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48197 5528
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $291
Subdivision Mi
MLS Listing ID 60934628
Style 2 Story
Full Baths 4
Year Built 1904
Annual Tax Amount $5,244
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 145x70x165x92x10
Property Sub-Type Multi-Family
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 Ypsilanti (81033)
Zoning Residential
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Aluminum,Vinyl Siding
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Aluminum,Vinyl Siding
Schools
School District Ypsilanti Public School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA