FOR SALE0.43 ACRES
Local Information
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Description
Discover this prime investment property in Ypsilanti, MI, featuring five units plus a garage all fully rented! Conveniently located near schools, parks, and shopping centers, each unit offers comfortable living spaces and potential for strong rental income. With low vacancy rates and opportunity for value-add, this property presents an excellent opportunity for investors seeking stability and growth in the rental market. Don't miss out - schedule a showing today!
Home Highlights
Parking
5 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
58 days ago
Home Details for 103 N Adams St
Interior Features |
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Interior Details Basement: Crawl Space |
Appliances & Utilities Utilities: Sewer Available, Natural Gas Connected, Electricity Connected |
Heating & Cooling Heating: Radiant,Baseboard,Natural GasHas HeatingHeating Fuel: Radiant |
Fireplace & Spa Number of Fireplaces: 1 |
Gas & Electric Has Electric on Property |
Exterior Features |
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Parking & Garage Parking Spaces: 5 |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Days on Market |
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Days on Market: 58 |
Property Information |
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Year Built Year Built: 1944 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Units |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 111140482015 |
Price & Status |
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Price List Price: $595,000 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Ypsilanti |
School Information High School District: Ypsilanti |
Agent Information |
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Listing Agent Listing ID: 24010118 |
Lot Information |
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Lot Area: 0.43 acres |
Offer |
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Listing Terms: Cash, Conventional |
Compensation |
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Sub Agency Commission: 0.00Sub Agency Commission Type: OtherTransaction Broker Commission: 0.00Transaction Broker Commission Type: Other |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Expense Tenant Pays: Gas |
Rental |
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Owner Pays: Water |
Miscellaneous |
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Mls Number: 24010118 |
Last check for updates: about 7 hours ago
Listing courtesy of Lee W Marshall, (734) 476-0429
Keller Williams Ann Arbor, (734) 995-9400
Source: MichRIC, MLS#24010118
Also Listed on Realcomp II.
Price History for 103 N Adams St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/17/2024 | $595,000 | PendingToActive | MichRIC #24010118 |
| 04/16/2024 | $595,000 | Contingent | MichRIC #24010118 |
| 03/01/2024 | $595,000 | Listed For Sale | Realcomp II #54024010118 |
| 12/21/2009 | $185,000 | ListingRemoved | Agent Provided |
| 10/02/2009 | $185,000 | Listed For Sale | Agent Provided |
| 09/24/2009 | $89,900 | Sold | MiRealSource #278252 |
| 08/22/2009 | $79,900 | PriceChange | Agent Provided |
| 07/23/2009 | $89,999 | PriceChange | Agent Provided |
| 06/27/2009 | $99,900 | Listed For Sale | Agent Provided |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | |
| Assessment | $247,400 |
Home facts updated by county records
Comparable Sales for 103 N Adams St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $365,000 | 11/07/23 | - | - | ||
0.16 | Multi-Family Home | $320,000 | 04/05/24 | 3 | 2,094 | ||
0.23 | Multi-Family Home | $241,500 | 02/29/24 | - | - | ||
0.14 | Multi-Family Home | $260,000 | 03/29/24 | 2 | 1,656 | ||
0.20 | Multi-Family Home | $294,000 | 07/10/23 | - | - | ||
0.15 | Multi-Family Home | $245,000 | 06/02/23 | 4 | 1,725 | ||
0.49 | Multi-Family Home | $205,000 | 08/24/23 | - | - | ||
0.53 | Multi-Family Home | $214,900 | 03/18/24 | - | - | ||
0.71 | Multi-Family Home | $180,000 | 07/05/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Downtown
- Lydiatyler
- Resident
- 5y ago
"I drive car but have access to bus station. Not a lot of traffic in this area so commute is easy......."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Lee W Marshall, Keller Williams Ann Arbor
Information is deemed reliable but not guaranteed.
Copyright 2024 MichRIC, LLC. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.