508 W Summit Street, Ann Arbor, MI 48103

$615,000
5
BD
2,287
SqFt
List Price
$615,000
Price Change
▼ $84,900 1628278287
Closing Date
1800-01-01 00:00:00
Status
ACTIVE
MLS#
3281123
Bedrooms
5
Sq. Ft
2,287
Acres
0.22
Year Built
1901

Property Description

5 Unit West Side Water Hill neighborhood rental property. Consists of 2 efficiency units (each licensed for 2 occupants each) and 3 One Bedroom units (each licensed for 2 occupants each). This property consistently stays full and is in high demand. Tons of opportunity to increase rents by minor renovations and updates. Fully leased currently and 4 of 5 units leased for Sept 2021 - Aug 2022. New boiler was just installed in property recently.

Additional Information

Lot Size
9,583
Construction
Other
Basement Type
Full, Partially Finished
Garage Spaces
4
School District
Ann Arbor

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Cabrio Group Llc.