Property photo 1
10 photos
ActiveMLS# 810260475456 days on market

$1,132,500

1102 Packard Street

Ann Arbor City, MI 48104

8 BD|4 BA|2,217 SQFT|$510.83/sqft

About This Property

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft. HERD score of 1, Download report at Ann Arbor herdmap

Features & Amenities

Basement

Property Details

Property TypeSingle Family
Year Built1910
Lot Size6,098 sqft
Stories3
Garage2 cars
Price / Sqft$510.83
Days on Market6
MLS Number81026047545

Eleanor Whitfield

Principal Broker

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Est. Monthly Payment

$6,812

P&I: $5,727 | Tax: $802 | Insurance: $283

$1,132,500
%
%
Loan Amount$906,000
Down Payment$226,500

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

1102 Packard Street, Ann Arbor City, MI 48104

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