550 1St Avenue Ypsilanti, MI
$ 142,000
Property Attributes
  • ML#543275211
  • TypeBackup
  • CityYpsilanti
  • AreaYpsilanti
  • Zip48197
  • StyleMultifamily
  • Year Built1959
  • Taxes3613
  • Price$ 142,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1550
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Real Estate One
Property Description

BACK ON MARKET due to financing falling through - no fault of the property! This is a top-bottom duplex with a newer roof (2013). Lower unit is vacant and has 2 bedrooms, 1 bath, kitchen, newer AC unit (2013) and new furnace (2020), was getting $825/month in rent. Upper unit is occupied with a good long-term tenant who intends to stay, rent is $800/month. Upper unit also has 2 bedrooms, 1 bath, kitchen, living area, new floors, balcony, newer AC unit and furnace (2013). Two car garage, currently used by owner, could be another source of income. There are laundry hook-ups in the utility room, currently unused. C of O valid through Jan 2022. Lots of potential here for an investor or house-hacker. do not disturb upper tenant.

Price History
7/28/2020 Listed $142,000

General Features

Cumulative Days on Market 18
Listing Agent Public Id 540471506042
Operating Expense 0.00
Originating MLS Ann Arbor Area Board of REALTORS®
Ownership Status Private Owned
Parcel Number 111139465022
Property Type Multifamily
School District Ypsilanti
Status Accepting Backup Offers
Terms Offered Cash, Conventional
Total Sq Ft 1550
Transaction Type Sale
Year Built 1959

Interior Features

Total Baths 0.00
Total Units 2

Exterior Features

Foundation Slab
Lot Size Area 0.30
Lot Size Dimensions 66'by198'
Porch Deck, Patio


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via Prime Real Estate & Associates and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of October 20, 2020 9:49 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48197

AVG $250K
AVG $4,211
AVG 10
Year Built
AVG 1974
AVG 28
Data Provided by Walkscore ® not using MLS data

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