514 Washtenaw Avenue, Ypsilanti, MI 48197 (MLS # 25028764)
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!
DAYS ON MARKET
|
3
|
LAST UPDATED
|
6/16/2025
|
YEAR BUILT
|
1870
|
COMMUNITY
|
Ann Arbor/Washtenaw - A
|
COUNTY
|
Washtenaw
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
School District |
Ypsilanti |
AIR |
Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Ann Arbor/Washtenaw - A |
BASEMENT |
Yes |
CONSTRUCTION |
Vinyl Siding |
FIREPLACE |
Yes |
HEAT |
Natural Gas, Steam |
LOT |
8276 sq ft |
LOT DIMENSIONS |
51x164 |
PARKING |
Concrete, Driveway |
SEWER |
Public Sewer |
TAXES |
7962 |
UTILITIES |
Natural Gas Available, Natural Gas Connected |
WATER |
Public |
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Listing provided by Beal Properties LLC, Deuntay Fields
Copyright 2025 MichRIC, LLC. All rights reserved.
Updated 6/18/25 12:18 PM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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