Residential Income in Ypsilanti

$300,000

1017 Washtenaw, 48197, Ypsilanti, MI

UNDER OFFER

Residential Income for sale in Ypsilanti, 1017 Washtenaw, 48197, 1776 m²

1017 Washtenaw, 48197, Ypsilanti, MI

$300,000

2Bath
1776
Type: Residential Income

Description

Exceptional investment opportunity just steps from Eastern Michigan University. This well-maintained duplex at 1017 Washtenaw Rd features two spacious 3-bedroom, 1-bath units, offering immediate income potential and long-term upside in a high-demand rental location. One unit is currently occupied, providing in-place income, while the second unit is vacant and move-in ready—ideal for an owner-occupant or an investor looking to maximize rents. The flexible setup allows for immediate occupancy, value-add leasing, or a hybrid investment strategy. Positioned less than 100 yards from EMU’s campus, this property benefits from consistent tenant demand and proximity to Downtown Ypsilanti, major corridors, and I-94. Each unit offers functional layouts with generous living space, and the lower unit includes in-unit laundry. A standout feature is the expansive private parking lot with capacity for up to 12 vehicles—an uncommon advantage in this area that enhances rental appeal and opens the door for future possibilities. The lot offers potential for reconfiguration or expansion (subject to approvals), adding further long-term value. Additional highlights include updated wood siding completed in 2020 and a current Certificate of Occupancy already in place. Whether you are building your portfolio or seeking a property that can offset your mortgage while you live on-site, this duplex delivers location, income, and scalability in one of Ypsilanti’s most reliable rental pockets.

Location

1017 Washtenaw, 48197, Ypsilanti, MI

Data

Object TypeResidential Income
Purchase Price$300,000
Living Space1776 m²
Plot Size930.78 m²
Bathrooms2
Construction Year1864
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas
Primary Energy SourceN/A
Construction Year1864
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent