521 S Fourth Ave, Ann Arbor

$1,575,000

0 Beds
0 Baths
4,432 Sqft
.2 Acres
0 Garages

Opportunity knocks two blocks from Central Campus. This single income property has three residences on one parcel and includes addresses 521 S. Fourth, 523 S. Fourth and 525 S. Fourth plus a detached garage. Meticulously maintained and cared for with current Certificates of Occupancy, these three homes contain a total of 14 bedrooms. 521 has 992 SF, 2 beds and 1 bath; 523 is 1714 SF, 6 beds and 2.1 baths; 525 is 1726 SF, 6 beds and 2 baths. All three houses have basements with laundry and all have AC. There are 6 parking spaces behind, a two car garage and plenty of street parking. Current rent is $9845 a month with room for growth. Tenants pay utilities and are responsible for trash. This property is part of a four-property sale. The following three adjacent properties are also being offered: 517 S. Fourth Ave, 526 and 528 S Fifth Avenue. See attached aerial map and floor plan. MLS Numbers are 3271130, 3271128, 3271127, 3271125, 3271119. NO SHOWINGS UNTIL 2-23

Essential Information
MLS® #543271130
Price$1,575,000
Bathrooms0.00
Total Sq. Ft4,432
Acres0.20
Year Built1915
TypeMultifamily
StatusActive
Community Information
Address521 S Fourth Ave
Area04092-Ann Arbor
CityAnn Arbor
CountyWashtenaw
StateMI
Zip Code48104
Amenities
Parking Spaces6
Interior
Interior FeaturesLaundry Facility
Exterior
FoundationBasement
School Information
DistrictAnn Arbor
Listing Details
OfficeThe Charles Reinhart Company
LISTING MAP

Get directions to this property:

IDX provided courtesy of Realcomp II Ltd., via Keller Williams and ANN ARBOR, ©2020 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Sign up for email updates