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103 N Adams St, Ypsilanti, MI, 48197

$595,000

Home List Price

$7,066*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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103 N Adams St, Ypsilanti$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1944
HeatingNatural Gas, Baseboard, Radiant
MLS #54024010118
Lot Size0.43 Acres
StatusActive

About 103 N Adams St

Discover this prime investment property in Ypsilanti, MI, featuring five units plus a garage all fully rented! Conveniently located near schools, parks, and shopping centers, each unit offers comfortable living spaces and potential for strong rental income. With low vacancy rates and opportunity for value-add, this property presents an excellent opportunity for investors seeking stability and growth in the rental market. Don't miss out - schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1944

Listing Office:

  • Office Name: Keller Williams Ann Arbor
  • Office Phone: (734) 995-9400
  • Listing Agent: Lee W Marshall

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard, Radiant

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000

Tax Information:

  • Annual Amount: $7,949
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Ypsilanti, MI.

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Ypsilanti, MI

City

Med. Sold Price

$273.3K

Med. Price/SqFt

$182

Avg. Days On Market

25

# of Sold Homes

55

103 N Adams St vs Ypsilanti

58 DAYS ON ROCKET

+33 Days

$595,000

+$321.6K More

KEY TAKEAWAY

This property is $321.6K more than the Median Sold Price in Ypsilanti, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Ann Arbor Area Board of REALTORS®
  • MLS Number: #54024010118

Listing Office:

  • Office Name: Keller Williams Ann Arbor
  • Office Phone: (734) 995-9400
  • Listing Agent: Lee W Marshall

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 21, 2009Home Sold
$89,900
Sep 30, 1994Home Sold
$114,900

Tax History

YEARPROP. TAXASSESSMENT
2021$7,949$113,500
2020 - $111,800
2019 - $103,300
2018$7,139$106,900
2017$6,993$107,300

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2747840
3
/10

  • Estabrook Elementary School

  • 1555 W Cross St

  • 1.21 miles

  • Public District Grades 2-6

school-card-donut-2747841
3
/10

  • Holmes Elementary School

  • 1255 Holmes Rd

  • 1.71 miles

  • Public District Grades KG-6

school-card-donut-2747842
4
/10

  • Erickson Elementary School

  • 1427 Levona St

  • 1.88 miles

  • Public District Grades 2-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,632. Typical income of Ypsilanti, MI residents is less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Washtenaw County›Ypsilanti›48197›103 N Adams St

This home is located at 103 N Adams St in Ypsilanti, MI and zip code 48197. This home, which was built in 1944, sits on a 0.43 acre lot. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $595,000.

In March 2024 more than 25 listings in Ypsilanti, MI were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 18 were sold below. The number of homes for sale in Ypsilanti, MI increased by 8.9% between February 2024 and March 2024. Listings spent 25 days on the market in March 2024, and had a median list price of $273,365 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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