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Jessica A Wilson

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

$ 800,000

Est. payment | -/mo

1,920 SqFt

Save

$ 800,000

Est. payment | -/mo

Save

1,920 SqFt

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $416

MLS Listing ID 81026059386

Year Built 1952

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type MultiFamily

Property Description

Super opportunity for investors or owner/occupants! Ann Arbor Mid-Century Modern duplex with one of the best locations in town, and a consistent rental history of longer-term tenants. Walking/biking distance to hospitals, both UM campuses, downtown, Kerrytown, Amtrak station, bus lines, new Lowertown park, restaurants, shops, Argo canoe livery & Cascades, Border to Border Trail & Huron River parks. 1800 sq ft total, each attractive, bright unit is 900 sq ft, 2 bedrooms, 1 bath, with in-unit laundry. Kitchens & baths are updated with ceramic tile floors, dishwashers, disposals. Units have easy maintenance, high-quality laminate flooring, ceiling fans, mini-splits for A/C. Upstairs unit features beautiful wood beamed ceilings. Both units have a wall of windows in the living room, large closets. Additional large storage building and covered attached carport space for each unit, plus more parking on site and on street. Backyard patio. New roof in 2020, water heaters in 2021...Current gross rental income is $46,470/yr. Projected gross rental income $60,000/year. Unit 1 leased thru June 2027 and Unit 2 leased thru June 2028. Certificate of Compliance good until Aug 2030. Tenants pay electric & cooking gas, metered separately. Home Energy Score Exempt. Agent is owner. Call 678-1889 with any questions or to schedule showing. Do not disturb tenants or walk property without permission.

Location

State MI

County Washtenaw

Area Area04092Annarbor

Interior

Interior Features Storage

Heating Electric, Natural Gas, Radiant

Fireplace No

Laundry InUnit

Exterior

Parking Features Gravel, Carport

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Roof Type Metal, Rubber

Building

Lot Description CornerLot, Level

Foundation Slab

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Ann Arbor

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition AgentOwned

Listed by Maris Laporter of The Charles Reinhart Company

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

Learn More About LPT Realty

1420 Pear ST Ann Arbor, MI 48105