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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 5,295,000

Est. payment | -/mo

6,040 SqFt

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$ 5,295,000

Est. payment | -/mo

Save Virtual Tour

6,040 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 6,040 sqft

Price per Sqft $876

MLS Listing ID 81026022380

Year Built 1901

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property Description

Fully Leased for 2026-27 with total scheduled revenue of $419,400! Brand New 4 Unit University of Michigan Student rental property located steps from Central Campus. Fully renovated in 2024, property has a total of 23 Bedrooms & 24 1/2 Bathrooms(each Bedroom with its own Ensuite Bathroom). High End finishes throughout with Stainless Steel Appliances and Granite Countertops to command top of market Rents. Low Maintenance Exterior, and High Efficiency Forced Air Furnace & A/C. All Furnishings included in the sale, with In-Unit Washer and Dryer. Beautiful front deck with Trex Decking, and massive 700sq/ft 2nd story rear deck for entertaining. .205 Acre lot with rear parking for 12+ cars. Planned future upzoning of the property would allow a Mixed Use Building up to 70 ft height(60,000+sq/ft) Adjacent to IM Building and new 2300 Bed Dorm.

Location

State MI

County Washtenaw

Area Area04092Annarbor

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry InUnit

Exterior

Parking Features Aggregate, Concrete

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Roof Type Composition

Building

Sewer Public Sewer, Sewer At Street, Storm Drain

Water Public

New Construction Yes

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Virtual Tour https://my.matterport.com/show/?mls=1&m=sZMYUSF8PKJ

Listed by Christopher Vessels of Metro Property Services

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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912 Mary ST Ann Arbor, MI 48104