Company Logo
SIGN UP LOG IN
Refine Search

316 Washtenaw Avenue, Ypsilanti, MI 48197

$400,000
  • 316 Washtenaw Avenue, Ypsilanti, MI 48197 Main Photo

44 Total Photos [Click to View All]

Pending
BEDS0 BATHS2 full SQUARE FEET3,112 MLS#20261041445
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNorris & Cross Add SCHOOLYpsilanti

Property Description

Opportunities like this don't come along often. Whether you're looking to expand your investment portfolio, house hack, or own a piece of local history, this beautifully maintained side-by-side duplex checks all the boxes. Offering approximately 3,112 square feet, this income-producing property features 7 bedrooms and 2 full baths between two spacious units. One side offers 3 bedrooms and 1 bath, while the other features 4 bedrooms and 1 bath. From the moment you arrive, you'll appreciate the curb appeal, mature trees, colorful landscaping, and timeless character. Inside, you'll find hardwood floors, classic moldings, fireplaces, and historic details throughout. The numbers make sense too. Market rents are estimated at approximately $4,200 per month, with the 4-bedroom unit projected at $2,150/month and the 3-bedroom unit at $1,950/month. The current tennant vacates in August so you can take these up to current market rates! Most major improvements have already been completed, including updated 90% effecient furnaces, water heaters, plumbing, central air units, dimensional shingle roof, and more. Very little is left to do but collect rent and enjoy ownership. Conveniently located near parks, shopping, dining, campus amenities, and I-94, the property also offers 6 off-street parking spaces behind the home plus additional street parking. Don't wait. Properties with this combination of historic charm, strong cash flow, major updates, and prime location don't last long. Schedule your showing today. *A house hacker may qualify for an FHA 5% owner occupant loan too! Live in one side and rent the other! Showings begin Saturday, June 13th after 1:00 PM on vacant Unit #316. The occupied unit will be shown upon accepted offer. AGENTS: Download the SentriLock app for convenient access. Check Agent Remarks or ShowingTime for the secure offer submission link. Do NOT email offers.

316 Washtenaw Avenue | MLS# 20261041445

This multi-family property located at 316 Washtenaw Avenue, Ypsilanti, MI 48197 is currently listed for sale with an asking price of $400,000. Washtenaw Avenue is located within the Ypsilanti school district. Search Ypsilanti real estate on www.griffithrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.14 Acres
Year Built: 1865

Feature Descriptions

Architecture: Colonial
Days on Site: 40
Exterior: Wood
Foundation: Basement
Lot Dimensions: 0.14 Acre(s)
Road Frontage: Private
Summer Tax: $7429.0000
Winter Tax: $298.0000

Local Schools

School District: Ypsilanti

Listed By / Shown By

Listed By

Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085

Shown By

Agency Title: Griffith Realty
Agency Phone: 810-227-1016

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,006.89 per month $890.23 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel