508 Summit Street, Ann Arbor, Michigan 48103

$755,000

Property Details

MLS#: 81025016569
Bedrooms: N/A
Bathrooms: N/A
Square Feet: N/A
Lot Size: 0.22 acres
Year Built: 1901
Property Type: ResidentialIncome
Status: Active
Days on Market: 235

Description

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $6,035 with tenants paying utilities via bill back. A great investment opportunity.

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 508 Summit Street?

508 Summit Street is listed at $755,000.

How many bedrooms does 508 Summit 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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