108 N Wallace Boulevard, Ypsilanti, MI 48197

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 a spacious 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 subject to tenant's rights.