1108 Packard Street new Save Request In-Person Tour Request Virtual Tour
Ann Arbor,MI 48104
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25043367
Year Built 1930
Annual Tax Amount $16,869
Tax Year 2024
Lot Size 6,970 Sqft
Property Sub-Type 2 to 4 Units
Property Description
Priced to sell! We are proud to present 1108 Packard, which is a fantastic 3 Unit 10 Bedroom University of Michigan Student Rental property only available for sale as a package with the property next door at 943 Dewey Ave. Priced for a quick sale at only a 12.18x GRM, this Property consists of 3 newly-renovated units, with stylish finishes, Stainless Steel Appliances, High Efficiency HVAC, Granite Countertops and High Efficiency Washer/Dryer. All Furnishings Included, and this package of amenities will ensure steady rental rate increases for your entire ownership of the property. Newly poured concrete parking area has space for 10-12 cars between the two properties, which allow for an additional $10-12k per year in future revenue. 1108 Packard has annual rental income of $125,100 for 2025-2026. Please contact me for more information or to schedule a showing. Will not last long!
Location
State MI
County Washtenaw
Area Ann Arbor/Washtenaw - A
Interior
Fireplaces Number 1
Laundry In Unit
Exterior
Parking Features Concrete,Driveway
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Block,Vinyl Siding
New Construction No
Schools
School District Ann Arbor
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://my.matterport.com/show/?m=xhDNpw4eAM8