1310 Packard St, Ann Arbor, MI 48104

$1,300,000

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List Price
$1,300,000
MLS#
81026042445
Status
ACTIVE

Property Description

Set on a shady wooded lot in downtown Ann Arbor sits this beautiful brick 1960's apartment building. Featuring 6 spacious units- 2 studios; 3 one bedrooms; and 1 two bedroom. Well cared for with many updates and all the big ones done including a new boiler, new EPDM roof, and a rental cetificate good through 2029. Always fully rented with current rent roll at $8,875/mo. Tenants pay electric and love the on site laundry, storage lockers, and free on site parking. Turnkey investment opportunities like this don't often turn up. See attached virtual tours.

Additional Information

Site Description
Level, Wooded
Year Built
1963
Acres
0.15
Acres
0.15
School District
Ann Arbor
Interior Features
Storage
Cooling
Window/Wall
Heating
Baseboard, Hot Water, Natural Gas
Garage Description
Asphalt, Carport

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Calculator source: Real Geeks

Courtesy of J Keller Properties, LLC 7343698239