Carol BettsBig Rapids Realty ABR, REALTOR®

231-250-5285

508 W Summit Street, Ann Arbor, MI 48103

Show Map
$795,000
Mortgage Calculator
  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Ann Arbor
  • County Washtenaw
  • Township Ann Arbor
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full
  • Garage  
  • Acreage 0.22
  • Heat Type Forced Air
  • Central Air None
  • Year Built 1901
  • Style  
  • Exterior  
  • Taxes 18744
  • SEV 291600
  • Zoning R2A
  • Parcel 09-09-20-301-002
  • Lot Size 82 x 116

Features

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $5,835 with tenants paying utilities via bill back. A great investment opportunity.

Directions Summit at Spring.
Listing Courtesy of Jonathon Keller - J Keller Properties, LLC

The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2025 MichRIC, LLC. All rights reserved.
All information provided is deemed reliable but is not guaranteed and should be independently verified.