Real Estate: Real Estate for Sale -- Franchises and Businesses
6 Unit Campus Rental Listed At A Very Low 9 - $400,000 (Ann Arbor) Print

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Posted: Tue Jul 1 02:50:45 2008
Expires: Sat Aug 30, 2008

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539 S FIFTH
ANN ARBOR , MI 48104
MLS ID#: 2801095

$400,000
2,154 Sq. Ft.
 

6 UNIT CAMPUS RENTAL LISTED AT A VERY LOW 9.3 GRM. ONE- 2 BEDROOM, TWO- 1 BEDROOM UNITS AND THREE EFFICIENCIES. RENTS ARE BELOW MARKET VALUE. UNFINISHED WALK-UP ATTIC WITH SEPARATE ENTRANCE ADDS EXTRA INCOME POTENTIAL. AT LEAST 8 PARKING SPOTS. PLEASE CONTACT LISTING AGENT FOR INCOME VALUATION PACKAGE. PLEASE ALLOW AT LEAST 24 HOURS NOTICE TO SHOW.

Property Features:

  • Area: AA Downtown/Burns Park
  • Bathrooms: 6.0
  • Kitchen: 6
  • Approximate Square Footage: 2154
  • Lot Size: 50 x 132
  • Number of Parking Spaces: 6
  • Laundry: no
  • Efficiency: 3
  • 1 Rental Bedrooms: 2


  • 2 Rental Bedrooms: 1
  • Total Units: 6
  • Construction: Frame Wood Siding
  • Water: Public
  • Air Conditioning: Wall Unit
  • Basement: Full
  • Road Type: Public
  • County: WASHTENAW


Broker: TRACY MAYER - 734 645-5332
The Charles Reinhart Company - 734-747-7777


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