1104 Packard Street, Ann Arbor, MI 48104
- $2,367,000
- List Price
- $2,367,000
- Days on Market
- 3
- MLS#
- 26047546
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Must sell as a package with the adjacent property at 1102 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.
Additional Information
- Owner Pays
- Sewer, Trash Collection, Water
- Taxes
- $33,624
- Acres
- 0.15
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Ann Arbor
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas
- Total Parking Spaces
- 8
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
- Water
- Public Water
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Listing courtesy of Listing Agent: Christopher Vessels from Listing Office: Metro Property Services.
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