538 Ashley Street, Ann Arbor, Michigan 48103

$565,000

Property Details

MLS#: 81026021390
Bedrooms: N/A
Bathrooms: N/A
Square Feet: N/A
Lot Size: 0 acres
Year Built: 1901
Property Type: ResidentialIncome
Status: Active
Days on Market: 3

Description

Exceptional Old West Side duplex set on a mature landscaped lot in a premium location with easy access and walkability to downtown and UM campus. Charming and well maintained, this updated duplex offers a 1st floor 2 bedroom, 1 bath unit with open floor plan and a 2nd floor studio unit with kitchenette & full bath. Shared laundry room has separate entrance for easy access. An enjoyable fenced in backyard has a covered patio area and mature trees for shade. An attached carport is great for car parking or storage for bikes, etc. The paved driveway offers 3 parking spaces. This special property has multiple updates including newer roof, freshly painted exterior, newer covered front porch with eyebrow roof for street appeal, foundation tuck-pointing, newer brick chimney & chimney cap, some electrical updates, newer furnace, humidifier & thermostat, newer hot water heater, some appliances & much more! 1st floor is leased by long-term tenants to July 31, 2027, at $2,020/month forJune & July 2026, increasing to $2,100 per month August 1, 2026. 2nd floor studio leased to June 30, 2026, at $1,130 per month, current tenant not renewing & seller not marketing for lease in order to give the buyer the opportunity to select new 2nd floor rental rate and tenant. Seller pays gas & electric (approx. $2,300 last 12 months) and water & sewer (approx. $900 last 12 months). City Rental Housing Certificate of Compliance in effect until January 25, 2028. Don't miss this terrific opportunity for this solid property and location! Home Energy Score of 2. Download report at Ann Arbor herdmap.

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 538 Ashley Street?

538 Ashley Street is listed at $565,000.

How many bedrooms does 538 Ashley 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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