Courtesy of Altitude Commercial Real Estat, George Abro
500 Catherine Street, Ann Arbor, Michigan, 48104
0.10 Acres
8 bd
5 ba
#26035679
Rare opportunity to acquire a well-located multifamily investment property in the Kerrytown area of Ann Arbor. Located at 500 Catherine Street, this property consists of four residential units totaling eight beds, featuring a diverse unit mix of 1- one-bedroom unit, 2- two-bedroom units, and 1- three-bedroom unit. The varied layouts provide broad tenant appeal and flexibility for a range of renters, including students, young professionals, and downtown residents. Positioned just minutes from the University of Michigan and downtown Ann Arbor, the property benefits from strong rental demand, walkability, and proximity to Kerrytown Market, restaurants, retail, and entertainment. This is an attractive opportunity for investors seeking stable cash flow and long-term appreciation in one of Ann Arbor's most desirable rental submarkets.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
- Water Source : Public
- Sewer : Public Sewer
- Community Features : Sidewalks
- Parking Features: Concrete, Driveway
- Parking Total: 8
- Cooling on Property:
- Cooling: Window Unit(s)
- Heating on Property:
- Heating : Hot Water, Radiant
- Construction Materials: Aluminum Siding, Brick
- Roof: Composition
- Road Surface Type: Paved
- Basement Description : Full
- Basement on Property:
- Laundry Features : In Basement
PROPERTY DETAILS
ID: 26035679
Status: Active
Price: $1,249,000
Acres: 0.10 Acres
Price Per Acre: $12,490,000
Type: Multi-family
Address: 500 Catherine Street
City, State: Ann Arbor, Michigan
County: Washtenaw
Zip Code: 48104
Lat/Long: 42.282846, -83.743002
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