Do Real Estate on the Go!
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Do Real Estate on the Go!
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$755,000
-- Bed
- -- Bath
1,715sqft
508 W Summit St, Ann Arbor, MI 48103
$755,000
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Multi Family
Built in 1901
$-- HOA
9,583.2 sqft lot
$440/sq.ft
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1901
HOA Fees
-
Finished Area
1,715 sqft
Lot Size
9,583.2 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
70463233
MLS Status
Active
Days on Market
228
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