1102 Packard Street, Ann Arbor, MI 48104

$1,132,500
6
BD
2
BA
2,217
SqFt

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List Price
$1,132,500
Status
ACTIVE
Days on Market
3
MLS#
70557200
Subtype
Residential
Year Built
1910
Bedrooms
6
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
2,217
Lot Size
6,098
Acres
0.14
MLS Area Major
Ann Arbor

Property Description

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 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. HERD score of 1, Download report at Ann Arbor herdmap

Additional Information

Taxes
$19,005
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Heating
Natural Gas, Forced Air
Levels
More than 2 Stories
Foundation
Basement
Garage Spaces
2
School District
Ann Arbor Public Schools

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Listing Courtesy of Metro Property Services, Office Phone: 734-668-6686

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.