Courtesy of The Charles Reinhart Company, Bruce Maxson

809 Henry Street, Ann Arbor, Michigan, 48104

$2,999,999

2,825 Sqft

0.17 Acres

3 ba

#26050449

Fantastic Investment Opportunity! Completely renovated in 2023, 2 units, total of 5 bedrooms 3 full baths INVESTMENT PROPERTY! This listing has been successfully used as a Short Term Rental Property! LOCATION is INCREDIBLE! THE BIG HOUSE, MICHIGAN STADIUM, CRISLER CENTER, YOST ICE ARENA & U of M Golf Course are all within a short walk of this property! Gross Rents for 2024 ( Last Year Available) $305,150! Net Operating $ 217,490! This Property has EXCESS LAND, Possibility to use as EVENT Parking & Potentially generating Additional PARKING REVENUE. This is a permitted use allowed under the zoning ordinances of the City of Ann Arbor! Sale will include the newly formed 809 Henry L.L.C. which owns the Property & has applied for a new Short Term Rental Permit which will be transferable to the new purchaser of 809 Henry L.L.C. Home Energy Score of 1. Download report at stream.a2gov.org

PROPERTY FEATURES

Utilities : Natural Gas Available, Phone Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Water Source : Public
Sewer : Public Sewer
Parking Features: Concrete, Paved
Cooling on Property:
Cooling: Central Air