233 Collingwood Drive, Ann Arbor, MI 48103

$705,000
4
BA

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List Price
$705,000
Days on Market
15
MLS#
26045677
Status
ACTIVE
Type
Multifamily
Bathrooms
4

Property Description

Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking—a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.

Additional Information

Owner Pays
Sewer, Water
Taxes
$13,802
Acres
0.20
Association Fee Includes
None
Basement
Other
Heating
Forced Air
School District
Ann Arbor
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
6
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Donald Wurtzel from Listing Office: Cornerstone Real Estate.

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