2873 Packard Street, Ann Arbor, MI 48108

$675,000

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List Price
$675,000
Days on Market
12
MLS#
26046370
Status
ACTIVE
Type
Land

Property Description

Exceptional development opportunity in the City of Ann Arbor! Builders, investors, and developers—this rare 1.875-acre parcel offers combination of substantial acreage, R1C zoning, and public water and sewer in a desirable city location. The property may accommodate development of up to 11 residential units, creating exciting potential for a new housing project. The property is currently improved with an old 1716 sqft home and 3 outbuildings, offering interim potential use while development plans are pursued. The value and opportunity are in the land, location, and future possibilities. Ideally situated with convenient access to the University of Michigan, US-23/I-94, shopping, schools, and additional parks, plus service along a main bus route. Walk to Buhr Park and Cobblestone Farm. Opportunities to acquire nearly two acres with public utilities and development potential within the City of Ann Arbor are increasingly rare. Home Energy Score: 1. Report available at osi.a2gov.org/herd.

Additional Information

Taxes
$8,209
Acres
1.88
School District
Ann Arbor
Sewer
Public Sewer
Utilities
Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Wayne Esch from Listing Office: Real Estate One Inc.

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