507 E Ann Street, Ann Arbor, MI 48104
- $3,199,000
- List Price
- $3,199,000
- Price Change
- ▼ $251,000 1785287366
- Days on Market
- 17
- MLS#
- 26035677
- Status
- ACTIVE
- Type
- Multifamily
Property Description
Rare opportunity to acquire a fully renovated multifamily asset in the heart of the highly desirable Kerrytown district of Ann Arbor. Located at 507 E Ann Street, the property consists of 7 units with a total of 15 beds and 6 on-site parking spaces, offering a diverse unit mix that includes both one-bedroom apartments and larger multi-bedroom layouts. Extensive renovations have been completed throughout the property, including new plumbing, electrical, insulation, and storm windows, creating a turnkey investment opportunity with strong long-term appeal. Interior furnishings feature quartz countertops, custom cabinetry, and consistent high-end niches throughout all units, providing a cohesive and modern tenant experience. Positioned within walking distance to the University of Michigan, Kerrytown Market, downtown restaurants, retail shops, and entertainment, the property is ideally located for strong tenant demand and long-term rental stability.
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Additional Information
- Owner Pays
- None
- Taxes
- $20,451
- Acres
- 0.11
- Basement
- Full
- Heating
- Forced Air
- Roofing
- Composition
- School District
- Ann Arbor
- Sewer
- Public Sewer
- Tenant Pays
- Electricity, Gas, Water
- Total Parking Spaces
- 6
- Utilities
- Cable Connected, Natural Gas Connected, Electricity Connected
- 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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