422 N River Street, Ypsilanti, MI 48198 (MLS # 25000469)

PRICE	$450,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	4,792 sqft

Amazing, rare investment opportunity! Charming 4-unit, multi-family income property close to the best of Ypsilanti including Depot Town, Frog Island and Riverside Parks, Hyperion and Vertex Coffee Roasters, the Ypsilanti Food Co-op, Eastern Michigan University, and more. Solid, turn-key property, very well-maintained and updated with charming vibes inside and out. Three 1-bedroom units (2 currently rented long-term) go for $1,125, and $1,150/month and efficiency unit, also currently rented, goes for $725/month. All units have their own entrance from the outside, kitchens, bathrooms, and washer/dryers (a huge plus). Newly updated Certificate of Occupancy good through 2026 with potential for short- or long-term rental potential"”could also be owner occupied. Owner pays for gas and water and renters pay for separate-metered electricity. Newer boiler, 2-car garage, beautiful landscapingthis is a must see property!

DAYS ON MARKET	2	LAST UPDATED	1/5/2025
YEAR BUILT	1875	COMMUNITY	Ann Arbor/Washtenaw - A
COUNTY	Washtenaw	STATUS	Active
PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	Window Unit(s)
AIR CONDITIONING	Yes
AREA	Ann Arbor/Washtenaw - A
CONSTRUCTION	Other
FIREPLACE	Yes
HEAT	Natural Gas, Radiant
LOT	4792 sq ft
LOT DESCRIPTION	Corner Lot
LOT DIMENSIONS	4966 SF
PARKING	Driveway, Gravel
SEWER	Public Sewer
TAXES	5104
UTILITIES	Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
ZONING	CN-SF

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Listing provided by @propertiesChristie's Int'l AA, Natalie Hess

Updated 1/7/25 3:13 AM PST

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