$550,000

102 Spring Street, Ypsilanti, MI 48197

  • 4 baths |
  • 1,884 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
September 8, 2025 at 05:00AM
Listing Office:
EXP Realty Plymouth : 855-477-7355
Listing Agent:
Justin Ford : 855-477-7355
MLS ID:
60934628
  • Basement: Block
  • Heating: Forced Air
  • General: Aluminum SidingVinyl SidingTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Ypsilanti Public School District
  • County: Washtenaw
  • Zoning: ASSR REQUEST ****FROM 1139403024 05/07/96YPC 1W-27A-1A-1 COM AT SE COR SEC 9TH N 18-42-30 W 1063.88 FTTH S 71-17-30 W 721.49 FTTH S 88-32-40 W 1385.75 FTTH S 79-37-40 W 233.69 FTTH N 00-03-43 E 20.30 FTTH S 75-29-57 W 58.77 FTTH S 75-13-37 W 24.53 FT TO POBTH S 75-13-37 W 92.02 FTTHN 47-00-27 W 10.36 FTTH N 04-26-15 E 144.62 FTTH N 59-48-32 E 70.19 FTTH S 08-36-40 E 164.94 FT TO POB. PT OF SE 1/4 SEC 9T3S-R7EPT OF FRENCH CLAIM 690. 0.29 AC
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Justin Ford, EXP Realty Plymouth

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Perry Early Learning Center

550 Perry St, Ypsilanti, MI, 48197

Grades PK-1

0.43 miles away

Y

Ypsilanti Community Middle School

510 Emerick St, Ypsilanti, MI, 48198

Grades 6-8

0.74 miles away

A

Acce

1076 Ecorse Rd, Ypsilanti, MI, 48198

Grades 6-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.