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
MLS#
81026047545
Status
ACTIVE
Bedrooms
6
Bathrooms
2
Half-baths
1
Total Square Footage
2,217

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

Year Built
1910
Basement Type
Finished, Walkout
Acres
0.14
Style
Craftsman
Acres
0.14
School District
Ann Arbor
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Forced Air, Natural Gas
Garage Spaces
2
Garage Description
Paved, Detached

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