About 514 Washtenaw Avenue
This charming property features two income-producing units: one vacant and one occupied. The occupied unit is a spacious 5-bedroom home rented to a long-term tenant receiving government assistance and paying $2,744/month. The vacant unit is a cozy 1-bedroom previously rented for $900/month, offering great potential for an owner-occupant or new tenant. A brand-new boiler has just been installed, providing reliable and efficient heating. With over $3,600/month in total potential rent, this property is perfect for investors seeking both 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!
Features of 514 Washtenaw Avenue
MLS® # | 81025028764 |
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Price | $295,000 |
Bathrooms | 0.00 |
Acres | 0.19 |
Year Built | 1870 |
Type | Multifamily |
Status | Active |
Community Information
Address | 514 Washtenaw Avenue |
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Area | 04152 - Ypsilanti |
City | Ypsilanti city |
County | Washtenaw |
State | Michigan |
Zip Code | 48197 |
Amenities
Utilities | Natural Gas Connected |
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Parking | Concrete |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Natural Gas, Steam |
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Cooling | Window Unit(s) |
Fireplace | No |
Exterior
Construction | Vinyl Siding |
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Foundation | Michigan Basement |
School Information
District | Ypsilanti |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Beal Properties LLC |
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Contact Info | Deuntay@gobeal.com |