MI > Ann Arbor
Ann Arbor, MI 48104,1108 Packard Street
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Ann Arbor, MI 48104,1108 Packard Street,Video Tour
Ann Arbor, MI 48104,1108 Packard Street
Ann Arbor, MI 48104,1108 Packard Street
Ann Arbor, MI 48104,1108 Packard Street
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Linda Lombardini

Linda Lombardini

+1(734) 302-3600
$ 1,525,000
Est. payment /mo
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1108 Packard Street Ann Arbor, MI 48104

6,970 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Ann Arbor

MLS Listing ID 25043367

Year Built 1930

Annual Tax Amount $16,869

Tax Year 2024

Lot Size 6,970 Sqft

Acres 0.16

Lot Dimensions 82x66

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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

Direction Packard near Dewey

Rooms

Basement Full

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

Street Surface Paved

Total Parking Spaces 10

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Block,Vinyl Siding

New Construction No

Schools

School District Ann Arbor

Others

Tax ID 09-09-33-215-023

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=xhDNpw4eAM8

Listed by Metro Property Services
agent

Linda Lombardini

Owner, Team Leader | License ID: 6501255870

+1(734) 302-3600

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