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Chris Lynn

chris@sellsmihomes.com +1(248) 914-7228

$1,525,000

Est. payment - /mo

3 Beds

6,969 Sqft Lot

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025043367

Bedrooms 3

Year Built 1930

Annual Tax Amount $16,869

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 82x66

Source Greater Metropolitan Association of REALTORS®

Property Description

Priced to sell! We are proud to present 1108 Packard, which is a fantastic 3 Unit 10 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 943 Dewey Ave. Priced for a quick sale at only a 12.18x GRM, this Property consists of 3 newly-renovated units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. 1108 Packard has annual rental income of $125,100 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long!

Location

State MI

County Washtenaw

Area Ann Arbor

Zoning Multi-Family

Direction Packard near Dewey

Interior

Interior Features Laundry Facility, Cable Available

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 10.0

Roof Type Composition

Road Frontage Paved, Pub. Sidewalk

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal)

Structure Type Block,Vinyl

Schools

School District Ann Arbor

Others

Pets Allowed Yes

Tax ID 090933215023

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Christopher Vessels of Metro Property Services

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Chris Lynn

+1(248) 914-7228

Agent | License ID: 6501380823

Agent License ID: 6501380823

1108 Packard Street Ann Arbor, MI 48104

Chris Lynn

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1108 Packard Street

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