MI
Washtenaw
Ann Arbor City
48104
1108 Packard Street
1108 Packard Street, Ann Arbor City, MI 48104
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Listing Type
Multi Family
Listing Status
active
5
$1,525,000

Home Details for 1108 Packard Street

Price
$1,525,000
Type
Residential Income
Bedrooms
10
Bathrooms
Square feet
NaN
Year built
1930
Lot size acres
0.16
County
Washtenaw
Garage
Basement
Full
Days on site
27
MLS Listing#
81025043367
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!

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Property Features
  • Utilities
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Sewer Available
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Concrete
  • Basement
    • Full
Listing Courtesy: Metro Property Services - 734-668-6686
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Median Listing Price
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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