For Sale

Listed by Justin Ford and Joy Ford

Source: Multiple Listing Service MiRealSource #60934628

102 Spring Street, Ypsilanti, MI, 48197

$550,000

4
1884 sq. ft.
0.29 ac.

MultiFam

30+ days on the market

What's around 102 Spring Street

About this property

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!

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