115 COLLEGE Place Ypsilanti, MI 48197
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Rent
Square Footage 477 sqft
Subdivision College Place Add
MLS Listing ID 20251060017
Style Colonial
Bedrooms 1
Full Baths 1
Year Built 1914
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type SingleFamilyResidence
Property Description
Located inside of a 4-Unit Multifamily in the Heart of Ypsilanti. Walk to town or EMU!
Welcome to 115 College Place, a well-maintained and updated 4-unit multifamily residence in one of Ypsilanti's most sought-after investment corridors. Located just minutes from Eastern Michigan University and Downtown Ypsi's growing cultural and dining scene, this property presents an outstanding opportunity for both seasoned investors and those entering the multifamily market.
Each of the four units is being leased, generating immediate rental income with long-term upside. The building features numerous capital improvements including a new boiler system, durable vinyl siding, and Trex composite decking that ensures low maintenance and curb appeal. Many units have been updated with fresh finishes, offering clean and functional living spaces while still leaving room for future value-add potential.
Tenants enjoy a common secured front entry, shared on-site laundry, and private parking, a rare commodity in the area. Above, a spacious walk-up attic offers even more room for more usages and storage options.
A detached garage provides extra storage for maintenance tools, seasonal items, or additional possibilities. Located on a quiet dead end, residential street just blocks from EMU, Depot Town, and expressways, this property is in a high-demand rental area with strong tenant retention.
Units are occupied; please do not disturb tenants. Private tours are available by appointment only through the listing agent upon application approval.
Location
State MI
County Washtenaw
Area Area04152Ypsilanti
Rooms
Basement BathStubbed, Full, Unfinished, WalkUpAccess
Entry Level, 13 X 12 Kitchen
Entry Level, 16 X 14 FamilyRoom
Entry Level, 13 X 10 Bedroom
Entry Level, 8 X 5 BathFull
Interior
Interior Features EntranceFoyer
Heating NaturalGas, Radiant
Fireplace No
Exterior
Exterior Feature Lighting
Parking Features OneCarGarage, Detached
Garage Spaces 1.0
Fence Fenced
Pool None
Community Features Sidewalks
Utilities Available AboveGroundUtilities
View Y/N No
Roof Type Asphalt
Garage true
Building
Foundation Basement, Block, SumpPump
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Ypsilanti
School District Ypsilanti
Others
Senior Community false
Acceptable Financing Lease
Listing Terms Lease
Special Listing Condition Standard
Pets Allowed Yes
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