1104 Packard Street

Ann Arbor MI 48104

3637 sq. ft.

0.15 ac.

Multi-Family

Currently for sale - view listing

Overview

Location Location Location! Beautifully renovated 3 Unit University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. 14 Bedrooms and 7 Bathrooms total between all units, the property was fully renovated in 2023 with high end finishes and features throughout which will allow an Owner to continue increasing rents 3-5% each and every leasing cycle. Granite Countertops, Stainless Steel Appliances, Washer & Dryer in each unit, Central A/C. Vaulted Beds, Glass Top Desks, and Microfiber Couches included with the property, 2026-2027 scheduled revenue of $195,600. Property is scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft.

Features

3637 sq. ft. floor area

0.15 ac. lot size

Multi-Family

Property history for 1104 Packard Street

2021

Sold

$575,000

24 Jun 2021 by Martin Bouma, of Keller Williams Ann Arbor

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