1108 Packard Street new Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48104
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
Virtual Tour https://my.matterport.com/show/?m=xhDNpw4eAM8