500 Catherine Street, Ann Arbor, MI 48104
- $1,269,000
- 5
- BA
- List Price
- $1,269,000
- Price Change
- ▼ $81,000 1785287366
- Days on Market
- 21
- MLS#
- 26035679
- Status
- ACTIVE
- Type
- Multifamily
- Bathrooms
- 5
Property Description
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.
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Additional Information
- Owner Pays
- Water
- Taxes
- $18,103
- Acres
- 0.10
- Association Fee Includes
- Water
- Basement
- Full
- Heating
- Hot Water, Radiant
- Roofing
- Composition
- School District
- Ann Arbor
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Water
- Total Parking Spaces
- 8
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public Water
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Listing courtesy of Listing Agent: George Abro from Listing Office: Altitude Commercial Real Estat.
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