1102 Packard St, Ann Arbor, MI 48104

$1,132,500
6
BD
2
BA
2,217
SqFt

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List Price
$1,132,500
Status
ACTIVE
MLS#
81026047545
Subtype
Residential
Style
Craftsman
Year Built
1910
Bedrooms
6
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
2,217
Acres
0.14
MLS Area Major
04092 - Ann Arbor

Property Description

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft. HERD score of 1, Download report at Ann Arbor herdmap

Additional Information

Taxes
$19,005
Property Description
Craftsman
Flooring
Carpet, Wood
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Heating
Forced Air, Natural Gas
Air Conditioning
Central Air
Stories
3
Roof
Composition
Parking Features
Paved, Detached
Garage
Paved, Detached
Garage Spaces
2
School District
Ann Arbor

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Courtesy of Metro Property Services 7346686686