108 N Wallace BLVD, Ypsilanti City, MI 48197
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108 N Wallace BLVD, Ypsilanti City, MI 48197
108 N Wallace BLVD, Ypsilanti City, MI 48197
108 N Wallace BLVD, Ypsilanti City, MI 48197
108 N Wallace BLVD, Ypsilanti City, MI 48197

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$ 399,900
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108 N Wallace BLVD Ypsilanti City, MI 48197

3,318 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,318 sqft

Price per Sqft $120

Subdivision Normal Park

MLS Listing ID 81026043925

Year Built 1936

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property Description

Charming 1930s duplex offering historic character, extensive updates, and a prime location on a tree-lined street in Ypsilanti's sought-after Normal Park neighborhood! Just blocks from schools, parks, and the EMU campus, this turn-key investment property combines timeless charm with the modern conveniences tenants (and landlords!) appreciate. Major recent improvements include a new 30-year roof, new porch, HVAC, windows, drainage, and tankless water heater. Both units are currently leased through summer 2027, generating combined rents of $3,805/month, with residents responsible for all utilities. The main-level unit welcomes you into a spacious formal dining room open to a generous living room with a bay window and wood-burning fireplace. The renovated kitchen provides ample cabinet and counter space, stainless steel appliances, and a convenient breakfast/storage nook. Two generous bedrooms, including one with French doors, share a full bathroom. Upstairs, the second unit features aspacious combined living and dining room with glowing wood floors and a generous kitchen. One bedroom with French doors offers flexibility as a family room or additional living space, while a cozy office or dining area leads to the second bedroom. A full bathroom completes this unit. Each residence enjoys private front and rear entrances, while a full unfinished basement provides shared full-size laundry and additional storage. Outside, enjoy a large private yard shaded by mature trees and a shared two-car garage accessed from the alley. With tenants already in place and the major improvements completed, this is an ideal opportunity to add a turn-key rental to your portfolio. Prefer to owner-occupy while rental income helps offset your mortgage? One tenant is open to a lease buyout, offering additional flexibility for the next owner. Don't miss this rare opportunity to own a turn-key income property in one of Ypsilanti's most desirable neighborhoods - schedule your private showing today! 48-hour notice required for showings. Sale subje

Location

State MI

County Washtenaw

Area Area04152Ypsilanti

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry InBasement, Sink

Exterior

Parking Features SharedDriveway, Unpaved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Ypsilanti

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Realcomp MLS
Listed by Aleksandr Milshteyn of Real Estate One Inc
NEARBY SCHOOLS & PROPERTIES
Realtyflo Inc

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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