Address
1117 Prospect Ann Arbor, MI
Price
$ 1,475,000
Property Attributes
- ML#543273976
- TypeMulti-Family
- CountyWASHTENAW
- CityAnn Arbor
- AreaAnn Arbor
- Zip48104
- StyleMultifamily
- Year Built1920
- Taxes13018
- Price$ 1,475,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2515
- Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Metro Property Services
Property Description
Two Prime UofM Student Rental Properties in One! Also known as 1032 Church St. $118,800 Gross Annual Revenue!
2-Unit University of Michigan Student Rental Property located steps from Central Campus directly in the midst of the most popular neighborhood for UofM Undergraduates. Unit 1 has a porch facing Prospect St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Unit 2 has a porch facing Church St and is fully renovated with 6 Bedrooms and 2 Bathrooms. Entire property Leased through Fall 2022, with each unit leased at $4950/mo and residents paying all utilities($118,800 Gross Annual Revenue). Typically rents itself 10 months ahead of time with 3-5% rent increases each year. Onsite Parking for 7-8 Cars. High Efficiency Furnaces, High Efficiency Central A/C, Updated Windows, Granite Countertops, Cherrywood Cabinets and Hardwood flooring throughout. Washer and Dryer Included, along with Standard Furnishings. Plumbing and Electrical completely updat
| Price History | |
|---|---|
| 6/12/2020 | Listed $1,499,900 |
| 9/2/2020 | 2% - $1,475,000 |
General Features
| Cumulative Days on Market | 225 |
|---|---|
| Listing Agent Public Id | 540471505780 |
| Operating Expense | 0.00 |
| Originating MLS | Ann Arbor Area Board of REALTORS® |
| Ownership Status | Private Owned |
| Parcel Number | 090933222011 |
| Property Type | Multifamily |
| School District | Ann Arbor |
| Status | Active |
| Terms Offered | Cash, Conventional |
| Total Sq Ft | 2515 |
| Transaction Type | Sale |
| Year Built | 1920 |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Interior Features | Laundry Facility |
| Total Baths | 0.00 |
| Total Units | 2 |
Exterior Features
| Foundation | Basement, Slab |
|---|---|
| Lot Size Area | 0.10 |
| Parking Total | 8 |
| Porch | Deck |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Linked Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of January 27, 2021 10:05 AM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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