Ann Arbor MI Multi Family for Sale
$1,600,000
Address not provided Ann Arbor, MI 48104
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1901
- Baths:
- MLS#:
- 70416980
ADDITIONAL INFORMATION
Don't miss your chance to own this well-maintained historic gem, located in the heart of Lower Burns Park, just walking distance to the University of Michigan campus and U of M Stadium. This charming property features 6 separate units, each with their own kitchen and bathroom, making it an investor's dream. The property boasts many updates, ensuring it's easy to rent with no vacancies. Currently managed by the reputable Baker Street Property Management, this investment offers peace of mind with 5 of the units leased until 2025. The corner lot provides ample street parking, including additional income potential from coin-operated laundry and game day parking.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Ann Arbor Real Estate
The median home value in Ann Arbor, MI is $378,200. This is higher than the county median home value of $293,500. The national median home value is $219,700. The average price of homes sold in Ann Arbor, MI is $378,200. Approximately 43.15% of Ann Arbor homes are owned, compared to 50.9% rented, while 5.95% are vacant. Ann Arbor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ann Arbor real estate agent to arrange a tour today!
Ann Arbor, Michigan 48104 has a population of 119,303. Ann Arbor 48104 is more family-centric than the surrounding county with 33.72% of the households containing married families with children. The county average for households married with children is 33.1%.
The median household income in Ann Arbor, Michigan 48104 is $61,247. The median household income for the surrounding county is $65,618 compared to the national median of $57,652. The median age of people living in Ann Arbor 48104 is 27.5 years.
Ann Arbor Weather
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.1 degrees. The average rainfall is approximately 34.4 inches per year, with 57.3 inches of snow per year.