126 College Place, Ypsilanti, MI 48197
126 College Place, Ypsilanti, MI 48197
126 College Place, Ypsilanti, MI 48197
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$395,000
Est. payment /mo
8 Baths
6,098 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Ypsilanti City

Subdivision Ypsilanti City

MLS Listing ID 20261041496

HOA Y/N true

Year Built 1890

Annual Tax Amount $17,235

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 52 x 117

Source Realcomp

Property Description

PUBLIC REMARKSExcellent opportunity to acquire a fully occupied four-unit investment property in the highly desirable Eastern Michigan University area. Located just blocks from campus and close to downtown Ypsilanti and Depot Town, this property benefits from strong rental demand and a proven rental history.The building consists of four residential units and is currently tenant occupied (long term tenants), providing immediate income for a new owner. Convenient access to EMU, Depot Town, downtown Ypsilanti, parks, shopping, dining, and major commuter routes makes this a desirable location for tenants.This property offers investors the opportunity to acquire a stabilized asset in one of Ypsilanti's strongest rental submarkets. Financial information, rent roll, leases, and additional property details available upon request.

Location

State MI

County Washtenaw

Zoning Multi-Family,Residential

Direction Use Huron exit off 94, go north to Cross St, then west to College Place, turn left, cross Washtenaw, house is on the left.

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Ypsilanti

Others

Tax ID 111140430033

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Prospect Realty Group

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker License ID: 6502389085

Broker License ID: 6502389085

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Name

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