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233 Collingwood Dr

Ann Arbor MI 48103

0.2 ac.
Multi-Family
Currently for sale - view listing

Overview

Discover an exceptional investment opportunity in the heart of Ann Arbor. This well-maintained 4-unit multifamily property offers a turnkey solution for investors looking to capitalize on the thriving Ann Arbor rental market. With strong demand in the area, this property is currently fully occupied, providing immediate cash flow and enduring value for your portfolio. The building configuration features a versatile unit mix, including two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property has been well-cared for, highlighted by a newer roof that includes a transferable warranty, offering peace of mind for future ownership. Tenants will appreciate the convenience of the large, private parking lot in the rear, providing ample off-street parking--a highly sought-after amenity in the Ann Arbor area. Located in a prime location, this property offers proximity to the University of Michigan, downtown Ann Arbor's vibrant dining and entertainment scene.

Features

0.2 ac. lot size
Multi-Family

Property history for 233 Collingwood Dr

2017
Sold
$463,500
20 Dec 2017 by Carmen Knick, of Keller Williams Realty Aa Mrkt

Happy sellers in Ann Arbor

92%
92% of sellers in Ann Arbor reported that their sale price either exceeded or met their price expectations.

Ann Arbor stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Ann Arbor over the last 12 months.

Local market activity for multi families in Ann Arbor

In the last 12 months, 13 multi families similar to 233 Collingwood Dr, have been sold.

This represents a 9% decrease in multi families sales when compared to the previous 12 months.

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