1702 Hill Street, Ann Arbor, Michigan 48104

$1,950,000

Property Details

MLS#: 81025059082
Bedrooms: N/A
Bathrooms: N/A
Square Feet: N/A
Lot Size: 0.28 acres
Year Built: 1920
Property Type: ResidentialIncome
Status: Active
Days on Market: 62

Description

Leased for the 2026-2027 academic year at $12,000 per month, this legal duplex offers a rare opportunity to own a fully modernized property in one of the University of Michigan's most sought-after campus locations. Positioned along fraternity and sorority row, the home has been thoughtfully configured into two 4-bedroom units, along with a partially finished lower-level walk-out recreation space. The location consistently supports strong rental demand while also offering long-term value. The home underwent a significant remodel with capital improvements completed throughout the property, including electrical, plumbing, insulation, drywall, HVAC, central air, roofing, siding, windows, doors, flooring, decking, and a large rear addition completed in 2023. The exterior showcases cement-board siding, architectural Pella windows, concrete porches, and integrated soffit lighting details chosen for both appearance and durability.Wide-plank engineered flooring, stainless steel appliances, butcher-block islands, ample pantry space, fantastic decks overlooking the backyard, modern bathroom finishes, and full-size laundry. Bedroom layouts are well sized to accommodate full beds, desks, and dressers, contributing to consistent leasing performance. The lower-level walk-out includes a full bath, natural light via large windows, and pre-plumbing for a future kitchen, offering optional recreation space for tenants or an owner area. With executed leases in place and substantial improvements completed, this property presents a compelling blend of income stability and long-term ownership appeal.

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 1702 Hill Street?

1702 Hill Street is listed at $1,950,000.

How many bedrooms does 1702 Hill 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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