Homes for sale - 422 N River Street, Ypsilanti, MI 48198

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Julie Tardani

jtardanirealty@gmail.com +1(616) 970-5225

$450,000

Est. payment - /mo

4,966 Sqft Lot

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UPDATED:

01/12/2025 12:58 AM

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality Ypsilanti City

MLS Listing ID 25000469

Year Built 1875

Annual Tax Amount $5,104

Tax Year 2024

Lot Size 4,966 Sqft

Acres 0.11

Lot Dimensions 4966 SF

Property Description

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! 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!

Location

State MI

County Washtenaw

Area Ann Arbor/Washtenaw - A

Direction From downtown Ypsilanti, take Michigan Avenue to Rivers Street and turn left. The property is on the right side just before Maple Street.

Rooms

Basement Michigan Basement

Interior

Heating Radiant

Cooling Window Unit(s)

Fireplaces Number 1

Laundry See Remarks

Exterior

Parking Features Driveway, Gravel

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available

View Y/N No

Street Surface Paved

Total Parking Spaces 2

Building

Lot Description Corner Lot

Sewer Public Sewer

Structure Type Other

New Construction No

Schools

School District Ypsilanti

Others

Tax ID 11-11-04-495-010

Acceptable Financing FHA, Cash, Conventional

Listing Terms FHA, Cash, Conventional

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Listed by @propertiesChristie's Int'l AA

Julie Tardani

Agent | License ID: 6501393298

+1(616) 970-5225 | jtardanirealty@gmail.com

422 N River Street Ypsilanti, MI 48198

Julie Tardani

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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422 N River Street