For Sale

Listed by Christopher Vessels from Metro Property Services

Source: Multiple Listing Service MiRealSource #70557203

1104 Packard Street, Ann Arbor, MI, 48104

$2,250,000

3637 sq. ft.
0.15 ac.

MultiFam

•

30+ days on the market

What's around 1104 Packard Street

About this property

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.

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