Denise WebbBig Rapids Realty, Canadian Lakes Team, ABR, REALTOR®

231-250-8254

1104 Packard Street, Ann Arbor, MI 48104

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$2,575,000
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  • 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 0.15
  • Heat Type Forced Air
  • Central Air Central Air
  • Year Built 1920
  • Style  
  • Exterior  
  • Taxes  
  • SEV 483300
  • Zoning R4C
  • Parcel 09-09-33-215-025
  • Lot Size 50x130

Features

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.

Directions Located on Packard between Dewey and Sylvan
Listing Courtesy of Christopher Vessels - Metro Property Services

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