About the Listing 105171 - 628250

1 Bedroom / 1 Bath Apartment for lease. 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.

Listing Highlights