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102 Spring Street

Ypsilanti MI 48197

4
1884 sq. ft.
0.29 ac.
Multi-Family
Currently for sale - view listing

Overview

This well-maintained 4-unit property offers a strong rental history and immediate income potential. All four units are currently leased - three with long-term tenants and the fourth on a flexible month-to-month agreement - providing stable cash flow and minimal vacancy risk for investors or owner-occupants. Each unit features solid oak hardwood floors, updated stainless steel appliances, dishwashers, and garbage disposals - a rare and sought-after upgrade in rental properties. Interiors are clean, well-kept, and reflect ongoing care and quality maintenance. A standout feature is the spacious, mostly finished garage, which includes two heated areas. Whether used for parking, storage, or creative use, this space offers an opportunity for additional income or expanded utility. Adding even more long-term potential, the property is uniquely situated on a natural spring, opening possibilities for eco-conscious ventures or future development - an uncommon and valuable characteristic. Whether you're looking for a turnkey, income-generating asset or a multi-family property with flexibility and character, this opportunity checks all the boxes. Don't miss your chance to own a versatile, income-generating property in a desirable location!

Features

4 bathrooms
1884 sq. ft. floor area
0.29 ac. lot size
Multi-Family

Happy sellers in Ypsilanti

<50%
Less than 50% of sellers in Ypsilanti reported that their sale price either exceeded or met their price expectations.

Ypsilanti stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Ypsilanti over the last 12 months.

Local market activity for multi families in Ypsilanti

In the last 12 months, 15 multi families similar to 102 Spring Street, have been sold.

This represents a 23% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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