Location Location Location! First property on this block to reach market since 2010!
Fantastic 4-Unit Investment Property located one block from University of Michigan's Ross School of Business, East Quad Dorm, and Central Campus in the most popular neighborhood for Undergraduate Students. Brand new construction in 2009, this property was built with Ultra High Efficiency Products & Materials and has Top of the Line Finishes throughout. Property consists of 3-6 Bedroom Units and 1 3-Bedroom Unit(up to 6 Occupants), with each Unit having 3 and 1/2 Bathrooms. 8+ Parking Spaces, with 2+ being located in an Underground Parking area with Radiant Snow Melting System. Projected 2020-21 Revenue of $289,800 with Tenants paying all utilities. High Quality Construction in this Location will allow for steady rental rate increases into the future. Property Leases very easily for the following year 9+ months ahead Lease expiration. 50 Year Warranty on Hardi-Plank Exterior.
For more information or to make arrangements for a tour, please contact [email protected]!
Listing courtesy of Metro Property Services
Metro Property Services
Square Feet Range
7000+ sq ft.
Year Built Range
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Nancy Bishop Team
500 East Eisenhower Parkway Suite 200, Ann Arbor, MI 48108 |
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