102 Spring ST Active Save Request In-Person Tour Request Virtual Tour
Ypsilanti,MI 48197
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $291
MLS Listing ID 20251032811
Style Traditional
Full Baths 4
Year Built 1904
Property Sub-Type MultiFamily
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!
Location
State MI
County Washtenaw
Area Area04152Ypsilanti
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features Garage
Pool None
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Ypsilanti
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition ShortSaleNo, Standard