510 S Fourth Ave, Ann Arbor, Michigan 48104

$639,900
2,050
SqFt
List Price
$639,900
Ownership
Private Owned
MLS#
543263504
Status
ACTIVE

Property Description

Fantastic Downtown Location Between Central Campus and Main St! 6 Bedroom University of Michigan Student Rental Property located steps from University of Michigan Central Campus and One block from Main Street in Downtown Ann Arbor. Just up the street from Fingerle Lumber property which is currently being purchased by University of Michigan for eventual development. Rental properties in this neighborhood almost never reach market! 6 Large Bedrooms and 2 Bathrooms leased at $4500/mo through Fall 2020. Always fully rented, and downtown location will allow for significant rent increases in the coming years! New Kitchen with Granite Countertops and Cherrywood Cabinets. Central A/C and furnace. Residents pay all utilities. Property must be sold in conjunction with adjacent property at 200 Packard.

Additional Information

Summer Taxes
4696
Winter Taxes
1354
Year Built
1901
Basement Type
Daylight, Walkout Access
Acres
0.06
Lot Dimensions
40x66
School District
Ann Arbor
Interior Features
Laundry Facility

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Metro Property Services.

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company and Ann Arbor Area Board of REALTORS®. Copyright 2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.