Address
627 N Adams, Ypsilanti, MI
Price
$ 275,000
Property Attributes
  • MLS#26049209
  • TypeSingle Family
  • Listing Status Active
  • CountyWASHTENAW
  • CityYpsilanti
  • AreaYpsilanti City
  • NeighborhoodYpsilanti City
  • Zip48197
  • StyleHistoric
  • Year Built1900
  • Taxes$ 6594
  • Price$ 275,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1418
  • Lot Size0.11 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

A rare opportunity to add a proven performer to your portfolio. This well-maintained 4-bedroom home is currently leased to excellent long-term tenants through August 31, 2027, generating $2,140/month — making this a true turnkey investment from day one. This property has been a strong, low-hassle income generator for its owners, who are selling only due to a shift in portfolio strategy — not performance. Buyers benefit from immediate cash flow, established tenants, and no lease-up period. Unbeatable location just minutes from Eastern Michigan University, downtown Ypsilanti, and the shops and restaurants of Depot Town, with easy access to nearby expressways for commuters. Showings are subject to tenants' rights — 48 hours notice required. Seller is a licensed agent in the State of Michigan.

Price History
9/16/2026 Listed $275,000

General Features

Sewer Public
Heating Forced Air
Utilities Natural Gas Connected,Cable Connected
Possession Subject To Tenant Rights
Roof Asphalt
Appliances Dryer,Range,Refrigerator,Washer
Architectural Style Historic
Construction Materials Wood Siding
Year Built 1900
Stories Count 2
Township Ypsilanti City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Broker/Agent Owned
County Washtenaw
New Construction No
Property Type Residential
Garage Y/N No
Total Rooms 10
Full Baths 2
Status Active
City Ypsilanti
High School District Ypsilanti
Lot Size Units Acres
Lot Size Square Feet 4792.0
Carport Y/N No
Listing Terms Cash,Conventional
Land Lease Y/N No
Tax Annual Amount 6594.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Tax Assessed Value 82480
MobileHomeRemainsYN No
Legal Description TRS 6/95 *OLD SID - 11 11-600-020-20 YP CITY 50W-13 N 1/2 OF S 1/2 OF LOTS 20 & 21 SCOVILL AND TUTTLE SUBDIVISION OF JARVIS ORIGINAL ADDITION.
Senior Community None

Interior Features

Basement Crawl Space,Michigan Basement
Flooring Carpet,Ceramic Tile,Linoleum
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Upper Level
Total Bedrooms 4
Below Grade Finished Area 0.0
Main Level Bedrooms 1
Total Baths 2

Exterior Features

Water Source Public
Lot Size Area 0.11
Spa No
Building Area Total 1418.0
Lot Dimensions 44.00X110.00
Lot Size Acres 0.11
Road Surface Type Paved
Waterfront Y/N No
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48197

Price
AVG $380K
$280K
Taxes
AVG $6,029
$6,594
Year Built
AVG 1983
1900
Visits
AVG 100
12
Data Provided by Inside Real Estate®

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