1310 Packard Street, Ann Arbor, MI 48104

$1,199,000

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List Price
$1,199,000
Price Change
▼ $101,000 1787772050
Days on Market
29
MLS#
26042445
Status
ACTIVE
Type
Multifamily

Property Description

Set on a shady wooded lot in downtown Ann Arbor sits this beautiful brick 1960's apartment building. Featuring 6 spacious units- 2 studios; 3 one bedrooms; and 1 two bedroom. Well cared for with many updates and all the big ones done including a new boiler, new EPDM roof, and a rental cetificate good through 2029. Always fully rented with current rent roll at $8,875/mo. Tenants pay electric and love the on site laundry, storage lockers, and free on site parking. Turnkey investment opportunities like this don't often turn up. See attached virtual tours.

Additional Information

Owner Pays
Gas, Sewer, Trash Collection, Water
Taxes
$30,000
Acres
0.15
Basement
Slab
Heating
Baseboard, Hot Water
Roofing
Rubber
School District
Ann Arbor
Tenant Pays
Electricity
Total Parking Spaces
8
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jonathon Keller from Listing Office: J Keller Properties, LLC.

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