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550 1st Avenue Ypsilanti, MI 48197
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Key Details
Sold Price $243,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Bartholomews Add
MLS Listing ID 81025024213
Sold Date 07/15/25
Bedrooms 2
Year Built 1959
Annual Tax Amount $6,583
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 66' x 198'
Source Greater Metropolitan Association of REALTORS®
Property Description
Investment opportunity! This top-bottom duplex offers great income potential. Upper unit (2 bed/1 bath) with kitchen, living area, and balcony is leased through 6/31/2025 at $1,200/mo. Lower unit (2 bed/1 bath) is currently vacant features updated flooring and a new furnace (2020) . Detached 2-car garage leased through 6/7/2025 at $260/mo. Fire escape meets city code. Shared laundry in utility room. Large fenced backyard. Convenient location near EMU, I-94, and downtown Ypsilanti. City certified till Dec. 2026. Lots of potential for investors! Do not disturb tenants.
Location
State MI
County Washtenaw
Area Ypsilanti
Direction Michigan Ave to 1st Avenue
Rooms
Basement Walk-Out Access
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 4.0
Garage no
Private Pool No
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Brick,Vinyl
Schools
School District Ypsilanti
Others
Pets Allowed Yes
Tax ID 111139465022
Ownership Private Owned
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash,Conventional,FHA,Other
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Bought with KW Domain