$755,000

508 W Summit Street, Ann Arbor, MI 48103

  • 1,715 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1901
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $440/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Perched atop a corner lot in the always desirable Water Hill, sits this 5 unit apartment building. With strong rents and virtually zero vacancy, this investment features not just location, but some big ticket updates- including a new roof (2022) and new laundry center (2024). All units are either studios or 1 bedroom and all have a full bathroom and kitchen. Driveway parking. Monthly rent roll is $6,035 with tenants paying utilities via bill back. A great investment opportunity.

Listing Status:
Active
Listing Office:
J Keller Properties, LLC : 734-369-8239
Listing Agent:
Jonathon Keller : 734-323-1072
MLS ID:
70463233
  • A/C: None
  • Heating: Forced Air
  • General: Basement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Ann Arbor Public Schools
  • County: Washtenaw
  • Source: MiRealSource

This listing courtesy of Jonathon Keller, J Keller Properties, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ann Arbor Open at Mack School

920 Miller Ave, Ann Arbor, MI, 48103

Grades KG-8

0.38 miles away

A

Ann Arbor Open at Mack School

920 Miller Ave, Ann Arbor, MI, 48103

Grades KG-8

0.38 miles away

C

Community High School

401 N Division St, Ann Arbor, MI, 48104

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.