202 N River Street, Ypsilanti, MI 48198

$1,550,000
Property Type: Multi Family Lot Size (sq. ft.): 7,841 Status: Active
Current Price: $1,550,000 List Date: 10/31/2025 Last Modified: 10/31/2025

Description

value add opportunity on a Pprtfolio of multi family and single family homes. Additional addresses: 202 N River - 4 Units 208 Maple - 2 Units 708/710 Maus - 2 Units 211 Devonshire - Single family 215 N Lincoln - Single Family 892 Maplewood - Single Family 1060 Commonwealth - Single family 2513 Tiffin - Single Family - (Flint)Units/homes range from 1 beds to 3 bedsMost utilities are paid by residents.Rents are approximately $12,870 per month ($154,500 annually) making this a good turnkey investment with significant upside for any investor.

More Information MLS# 25055956

Location & Property Info

Cross Streets: River @ North St Property Sub-Type: 5+ Units Municipality: Ypsilanti City Subdivision: Depot Town and Ypsi generally Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

General Property Info

New Construction: No Lot Dimensions: 1 Road Frontage: 1 Waterfront: No Basement: Yes Total # Units: 0 # of Diff Unit Floor Plans: 0 Total # Bldgs: 8 Total Parking Spaces: 1 School District: Ypsilanti Lot Measurement: Acres Lot Square Footage: 7841 Lot Acres: 0.18 Year Built: 1850

Tax Info

Taxable Value: 86856 SEV: 157600 For Tax Year: 2025 Seller's Annual Property Tax: 1 Tax Year: 2025 Homestead %: 1 Spec Assessment & Ty: 1 Tax ID #: 11-11-09-130-012

Remarks & Misc

Public Remarks: value add opportunity on a Pprtfolio of multi family and single family homes. Additional addresses: 202 N River - 4 Units 208 Maple - 2 Units 708/710 Maus - 2 Units 211 Devonshire - Single family 215 N Lincoln - Single Family 892 Maplewood - Single Family 1060 Commonwealth - Single family 2513 Tiffin - Single Family - (Flint)Units/homes range from 1 beds to 3 bedsMost utilities are paid by residents.Rents are approximately $12,870 per month ($154,500 annually) making this a good turnkey investment with significant upside for any investor. Legal: *OLD SID - 11 11-290-071-00 YP CITY 16E-56 LOT 71 HUNTERS ADDITION. 202 N RIVER

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Public Sewer: 1 Public Water: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1 Other: 1

Exterior Material

Aluminum Siding: 1 Block: 1 Brick: 1 Concrete: 1 Shingle Siding: 1 Stone: 1 Stucco: 1 Vinyl Siding: 1 Wood Siding: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Baseboard: 1 Forced Air: 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1 Gas: 1 Sewer: 1 Water: 1

Substructure

Crawl Space: 1 Full: 1 Michigan Basement: 1 Partial: 1 Slab: 1 Other: 1

Owner Pays

Trash Collection: 1 Water: 1 None: 1

Location Property Info

County: Washtenaw Street #: 202 Street Direction: N Street Name: River Suffix: Street State: MI Zip Code: 48198 Zip (4): 2852 Area: Ann Arbor/Washtenaw - A

OfficeContract Info

Status: Active Current Price: $1,550,000 List Price: $1,550,000 Listing Date: 2025-10-31

Remarks Misc

Directions: Michigan to River

Property Features

Exterior Material: Aluminum Siding; Block; Brick; Concrete; Shingle Siding; Stone; Stucco; Vinyl Siding; Wood Siding Substructure: Crawl Space; Full; Michigan Basement; Partial; Slab; Other Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Owner Pays: Trash Collection; Water; None Tenant Pays: Electric; Gas; Sewer; Water Heat Source: Natural Gas Heat Type: Baseboard; Forced Air Terms Available: Cash; Conventional; Other Sale Conditions: None
Listing Office: Provident R. E. Associates
Listing Agent: Jeremy Dantzler
IDX
Last Updated: October - 31 - 2025
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