1104 Packard Street, Ann Arbor, Michigan 48104

$2,575,000

Property Details

MLS#: 81026022524
Bedrooms: N/A
Bathrooms: N/A
Square Feet: N/A
Lot Size: 0.15 acres
Year Built: 1920
Property Type: ResidentialIncome
Status: Active
Days on Market: 6

Description

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.

Location

This property is located in Ann Arbor, Michigan. Ann Arbor is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 1104 Packard Street?

1104 Packard Street is listed at $2,575,000.

How many bedrooms does 1104 Packard Street have?

This property has N/A bedrooms and 0 bathrooms.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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