Courtesy of Metro Property Services, Christopher Vessels

1102 Packard Street, Ann Arbor, Michigan, 48104

$1,100,000

2,217 Sqft

0.14 Acres

8 bd

4 ba

#26047545

Location Location Location! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan's Central Campus and Athletic Campus. Large Bedrooms, Hardwood Flooring in common areas, and always rented with 3-5% rent increases every year. New Kitchen and Bathroom in the Basement, with opportunity to turn this into a separate unit in the future. Garage can also be renovated into an ADU with City of Ann Arbor approval. 2026-2027 scheduled revenue of $93,600. Must sell as a package with the adjacent property at 1104 Packard. Both properties are scheduled to by Rezoned by the City of Ann Arbor to allow for Mixed Use Development with a potential height limit of 40ft. HERD score of 1, Download report at Ann Arbor herdmap

PROPERTY FEATURES

Total Rooms: 5
Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Cable Connected
Water Source : Public
Sewer : Public Sewer
Parking Features: Detached, Concrete
Garage Spaces: 2
Garage on Property:
Architectural Style : Craftsman
Zoning Description : R4C
Cooling on Property:
Cooling: Central Air

Heating on Property:
Heating : Natural Gas, Forced Air
Construction Materials: Shingle Siding
Roof: Composition
Road Surface Type: Paved
Interior Features: High Speed Internet
Basement Description : Walk-Out Access, Finished
Basement on Property:
Appliances : Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
Flooring : Carpet, Wood
Laundry Features : In Basement