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200 Packard St, Ann Arbor, MI

$819,900 - $820k Price - 2,498 Sqft - .11 Acres

Fantastic Downtown Location Between Central Campus and Main St! 2 Unit University of Michigan Student Rental Property located steps from University of Michigan Central Campus and One Block from Main Street in Downtown Ann Arbor. Just up the street from Fingerle Lumber property which is currently being purchased by University of Michigan for eventual development. Rental properties in this neighborhood almost never reach market. Unit 1 is 6 Large Bedrooms and 2 Bathrooms leased at $4650/mo through Fall 2020. Unit 2 is a 1 Bedroom 1 Bathroom unit currently leased at $1190/mo. Always fully rented, and downtown location will allow for significant rent increases in the coming years! Onsite Parking for at least 8 cars. Residents pay all utilities, and this property has future development potential. Property must be sold in conjunction with adjacent property at 510 S Fourth Ave.

Essential Information

For 200 Packard St, Ann Arbor, MI
  • MLS® # 543263502
  • Price $819,900
  • Bathrooms 0.00
  • Total Sq. Ft 2,498
  • Acres 0.11
  • Year Built 1901
  • Type Multifamily
  • Status Contingent - Continue To Show

Community Information

For 200 Packard St, Ann Arbor, MI
  • Address 200 Packard St
  • Area 04092-Ann Arbor
  • City Ann Arbor
  • County Washtenaw
  • State MI
  • Zip Code 48104

Amenities

For 200 Packard St, Ann Arbor, MI
  • Parking Spaces 8

Interior

For 200 Packard St, Ann Arbor, MI
  • Interior Features Laundry Facility

Exterior

For 200 Packard St, Ann Arbor, MI
  • Foundation Basement, Crawl

School Information

For 200 Packard St, Ann Arbor, MI
  • District Ann Arbor

Listing Details

For 200 Packard St, Ann Arbor, MI
  • Office Metro Property Services

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510 S Fourth Ave, Ann Arbor

2,050 SqFt
Fantastic Downtown Location Between Central Campus and Main St! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan Central Campus and One block from Main Street in Downtown Ann Arbor. Just up the street from Fingerle Lumber property which is currently being purchased by University of Michigan for eventual development. Rental properties in this neighborhood almost never reach market! 6 Large

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